Bitcoin ETFs See Biggest Inflow in 3 Months as BlackRock Signals Crypto’s Structural Shift
Bitcoin ETFs recorded their largest single-day inflow in three months, led by BlackRock, coinciding with BlackRock reframing crypto as financial infrastructure.Summary
Bitcoin Exchange-Traded Funds (ETFs) experienced their largest single-day inflow in three months on January 5, attracting nearly $695 million, signaling a sharp rebound in institutional demand. BlackRock’s IBIT led the surge with $371.9 million, and Fidelity’s FBTC followed with $191.2 million, with broad-based positive flows across nearly all issuers. Notably, Grayscale’s GBTC recorded zero outflows, a significant shift after months of withdrawals.
This institutional activity aligns with BlackRock's new investment outlook, which reframes cryptocurrency not as a speculative trade but as a core component of the global financial system, emphasizing its role in settlements, liquidity rails, and tokenization. BlackRock highlighted stablecoins as a bridge between traditional finance (TradFi) and digital liquidity, warning that they could displace local currencies in some jurisdictions.
Furthermore, institutional appetite extended to Ethereum, with BlackRock clients reportedly purchasing $100.2 million worth of ETH, as spot ETH ETF inflows also reached $168.13 million. BlackRock suggests that digital assets are becoming crucial alternative exposures as AI-driven changes break down traditional market cycles, leading to capital concentration in long-duration themes.
(Source：BeInCrypto)