After weeks of watching money walk out the door, US spot Bitcoin ETFs finally caught a break. On June 12, roughly $86 million flowed back into the funds, with BlackRock’s iShares Bitcoin Trust (IBIT) doing most of the heavy lifting.
IBIT alone pulled in approximately $57.7 million of that total, accounting for nearly two-thirds of the day’s inflows. In Bitcoin terms, the collective haul translated to about 1,350 BTC purchased across all spot ETFs, with IBIT responsible for roughly 907 of those coins.
The $86 million came after a stretch of more than $1.67 billion in net outflows from Bitcoin ETFs.
BlackRock’s growing Bitcoin empire
IBIT isn’t just the biggest Bitcoin ETF. The fund now holds over $46 billion in assets under management.
