Crypto

BlackRock’s IBIT Attracts $231M Amid Positive Week for Bitcoin ETFs — Details

Significant Capital Inflow for US Bitcoin ETFs Amid Market Downturn

In a week marked by volatility for the cryptocurrency market, US Bitcoin ETFs (exchange-traded funds) experienced a notable surge in capital inflows on Friday, February 6. As Bitcoin and other cryptocurrencies faced substantial price drops, Bitcoin-linked exchange-traded products also saw significant withdrawals earlier in the week. With the recent confirmation of a bear market due to sharp price declines, the performance of US Bitcoin ETFs during their initial extended period of falling prices becomes especially intriguing. As of 2026, these funds have recorded capital inflows on 11 days.

US Bitcoin ETFs Witness $330 Million Net Inflows

According to recent market insights, US Bitcoin ETFs recorded a total net capital inflow of $330 million on Friday. This influx follows three days of heavy withdrawals from BTC exchange-traded funds throughout the week. Although Friday’s market data is not yet comprehensive, BlackRock’s iShares Bitcoin Trust, identified by the IBIT ticker, led the charge in attracting capital, adding approximately $231.62 million to its value by week’s end.

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Additionally, the Ark & 21Shares ETF (ARKB) secured the second spot with a net inflow of $43.25 million on the same day. Meanwhile, Bitwise’s Bitcoin ETF (BITB) and Grayscale’s Bitcoin Mini Trust (BTC) gained net inflows of $28.7 million and $20.13 million, respectively. The Invesco Galaxy Bitcoin ETF (BTCO) also contributed by posting a net inflow of $6.97 million. These figures starkly contrast the performance seen earlier in the week.

The capital inflow in Bitcoin ETFs coincided with Bitcoin’s price rally back to the $70,000 level on Friday. This movement aligns with the positive shift in the Coinbase Premium, a measure of US investor demand, as the weekend approached.

According to data from SoSoValue, this $330 million performance contributes to a weekly record of approximately $350 million in negative outflows. Importantly, the $561 million capital inflow recorded on Monday, February 2, significantly influenced the final weekly figure.

Current Bitcoin Price Overview

After a brief resurgence to the $70,000 mark on Friday, Bitcoin’s price experienced a slight cooldown over the weekend. As of the latest update, Bitcoin is valued at around $68,900, marking a decline of over 1% in the past 24 hours.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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