BlackRock’s iShares Bitcoin Trust is back in accumulation mode. After weeks of institutional investors heading for the exits, IBIT pulled in roughly $319 million in inflows between July 20 and 22 alone, making it the dominant force behind a $499 million weekly haul across all US spot Bitcoin ETFs.
The recent buying spree recovers only about 15% of the damage done during June’s sell-off, and total Bitcoin ETF flows for 2026 are still sitting at negative $4.76 billion.
From panic selling to cautious buying
During the week of June 22 to 26, IBIT accounted for approximately 73% of total Bitcoin ETF outflows, bleeding roughly $1.30 billion in a single week.
On July 6, IBIT recorded $209.4 million in inflows as part of a broader $265.7 million daily total across Bitcoin ETFs. The week before that saw approximately $204 million flow into the fund. And now, the latest weekly figures show the buying pressure accelerating further.
