BlackRock’s Bitcoin ETF IBIT Soars with $2.48B Weekly Inflows as Institutional Demand Surges
BlackRock's iShares Bitcoin Trust (IBIT) has solidified its position as a leader in the ETF market, attracting a staggering $2.48 billion in weekly inflows. This remarkable performance places IBIT eighth in year-to-date ETF flow rankings, highlighting the increasing institutional interest in Bitcoin. With a 4.03% year-to-date return and $3.83 billion in monthly inflows, IBIT's success underscores the accelerating demand for regulated cryptocurrency investment vehicles. As of June 2025, this development signals growing confidence in Bitcoin's long-term value proposition and the maturation of crypto-based financial products. The substantial inflows into IBIT reflect a broader trend of institutional capital flowing into the digital asset space, potentially paving the way for further price appreciation and mainstream adoption of Bitcoin.
BlackRock's Bitcoin ETF IBIT Dominates with $2.48B Weekly Inflows Amid U.S. Fund Rotation
BlackRock's iShares Bitcoin Trust (IBIT) has emerged as a standout performer in the ETF landscape, securing $2.48 billion in weekly inflows. The fund now ranks eighth in year-to-date ETF flow rankings, reflecting growing institutional appetite for Bitcoin exposure. With a 4.03% YTD return, IBIT's $3.83 billion monthly inflow underscores accelerating demand for regulated crypto investment vehicles.
The broader ETF market saw $12.98 billion in inflows, demonstrating sustained interest across asset classes. Grayscale's GBTC continues to bleed assets as investors pivot to lower-cost alternatives, while Vanguard's S&P 500 ETF (VOO) led all funds with $3.93 billion in weekly inflows despite negative YTD performance.
How Miners Can Hedge Against Crypto Volatility ViaBTC's Financial Tools
Cryptocurrency miners face persistent profitability challenges from market volatility, even with efficient hardware. ViaBTC addresses this through two specialized financial instruments: a Hedging Service and crypto Loans.
The Hedging Service allows miners to lock in prices for future crypto payouts, effectively insulating operations from downward swings. Meanwhile, Crypto Loans provide liquidity against mining rewards without requiring asset liquidation - particularly valuable during depressed markets.
These tools reflect growing sophistication in mining financialization as the industry matures. ViaBTC's solutions demonstrate how infrastructure providers are evolving beyond basic pool services to offer institutional-grade risk management.
Samourai Wallet Legal Battle Intensifies as Defense Alleges Prosecutorial Misconduct
Attorneys for Samourai Wallet's founders have escalated their defense strategy, alleging federal prosecutors withheld a critical Treasury Department opinion that contradicts the government's case. The legal opinion reportedly stated no money transmission license was required for the privacy-focused bitcoin wallet service—a direct challenge to the DOJ's charges of operating an unlicensed business and money laundering.
Prosecutors charged CEO Keonne Rodriguez and CTO William Hill in April 2024, two months after initial criminal allegations surfaced. The $100 million laundering accusation hangs over a case that could set precedents for financial privacy tools in cryptocurrency. Legal observers note the concealed document might constitute Brady violation material, potentially jeopardizing the prosecution's position.
MicroStrategy Doubles Down on Bitcoin with $180 Million May Purchase
MicroStrategy has initiated May with a significant Bitcoin acquisition, purchasing 1,895 BTC for approximately $180 million. The firm's total holdings now stand at 555,450 BTC, acquired at an average price of $95,167 per coin. This MOVE continues MicroStrategy's aggressive accumulation strategy, which has now deployed $38.08 billion into Bitcoin.
Market observers note a recurring pattern in MicroStrategy's purchasing behavior, particularly during market dips. The latest filing confirms transactions executed between April 28 and May 4, suggesting strategic timing ahead of the Bitcoin halving's aftermath. Chairman Michael Saylor maintains his public advocacy for Bitcoin as a corporate treasury asset, though the announcement notably omitted any forward guidance about future purchases.
India’s Supreme Court Compares Bitcoin Trading to Hawala Amid Regulatory Void
India’s Supreme Court has issued a stark warning about the unchecked growth of Bitcoin trading in the country, drawing parallels to the informal and often illicit Hawala money transfer system. The court’s remarks came during a bail hearing for Shailesh Babulal Bhatt, detained since August 2023 on allegations of illegal Bitcoin trading.
The judiciary criticized the central government’s sluggish regulatory response, highlighting the risks of unregulated cryptocurrency markets. Meanwhile, Quebec police arrested two more suspects linked to the murder of Kevin Mirshahi, a 25-year-old Montreal-based crypto influencer.
Crypto Market Sentiment Tense as Bitcoin Braces for FOMC Decision
The cryptocurrency market remains on edge as Bitcoin consolidates around $94,000 ahead of the Federal Open Market Committee's (FOMC) interest rate announcement. Market participants overwhelmingly expect the Federal Reserve to maintain rates at 4.25%-4.5%, with CME FedWatch Tool data showing a 95.6% probability of no change.
All eyes will be on Fed Chair Jerome Powell's post-announcement commentary for clues about future monetary policy. "If the 3.5% [now 4.4%] ends up playing out, the markets will have an insane positive reaction," noted cryptocurrency analyst Bitcoinsensus, suggesting potential upside volatility.
Traders have adopted a risk-off approach despite the likely status quo, with Bitcoin's price action reflecting the market's cautious stance. The impending decision has temporarily overshadowed other market developments, including ETF-related news.
