BlackRock’s iShares Bitcoin Trust is doing what it does best: vacuuming up capital while everyone else fights for scraps. On July 6, IBIT recorded roughly $209 million in net inflows, leading a broader wave that pushed total U.S. spot Bitcoin ETF inflows to approximately $266 million for the day.
IBIT alone accounted for well over half of all Bitcoin ETF flows on that date. The fund now holds approximately $46.5 billion in net assets, built in roughly a year and a half since the product launched in early 2024.
Ethereum spot ETFs also had a solid day, pulling in $29.082 million in net inflows. BlackRock’s iShares Ethereum Trust, ETHA, led that category. Bitcoin ETFs attracted roughly nine times more capital on July 6 than Ethereum ETFs.
Why this matters beyond the daily flow report
The July 6 numbers are arriving after a volatile stretch that included outflow streaks in May and June. The earlier outflow period created a natural test: would institutional investors treat those dips as an exit, or a buying opportunity? Renewed inflows suggest that the investors who stayed through volatility are adding, not leaving.
