BlackRock’s Bitcoin ETF Gobbles Up $1B in a Single Day—Wall Street’s Newest Cash Cow

Institutional money floods crypto as BlackRock’s Bitcoin ETF smashes records—because nothing says ’trust the system’ like a trillion-dollar asset manager suddenly loving decentralized money.

Wall Street’s stampede into BTC continues, with the fund now hoarding more digital gold than some sovereign nations. Guess those ’risky asset’ warnings aged like milk.

Bonus jab: Meanwhile, traditional finance bros still can’t decide if crypto is a scam or their retirement plan.

BlackRock’s iShares Bitcoin Trust (IBIT) just posted one of its biggest days since launch, pulling in nearly. The $970 million inflow on Monday marks a powerful comeback in investor interest, particularly among institutions looking to add Bitcoin to their portfolios.

Nearly *$1bil* into iShares Bitcoin ETF today…

2nd largest inflow since Jan 2024 inception.

I still remember when there was "no demand".

Selective Appetite for Bitcoin ETFs

While IBIT saw massive gains, other Bitcoin ETFs struggled. Fidelity’s FBTC posted aboutin outflows, while Grayscale’s GBTC lost. Ark Invest’s ARKB had the roughest day, seeingin outflows.

This growing divergence suggests that while investors are returning to crypto, they are being highly selective — and.

The spike in BlackRock Bitcoin ETF inflow also comes alongside a broader uptick in Bitcoin sentiment. As stock markets wobble and economic uncertainty builds, many are turning to Bitcoin again — viewing it as a hedge much like gold. Supporters argue that Bitcoin’s relatively steady performance in recent weeks makes it an attractive place to park capital during turbulent times.

Politics, Fed Policy, and Market Mood

Adding to the improving market sentiment, Unity Wallet’s COO James Toledano noted thatand ahave helped lift investor confidence.

Interestingly, he also pointed out that former President Trump’s recent, a departure from his typically market-moving comments, may have helped calm nerves — though he acknowledged it’s hard to directly connect the two.

Spot Bitcoin ETFs: Still Finding Their Footing

BlackRock’s IBIT belongs to a new generation ofthat debuted in January, allowing both regular and institutional investors to access Bitcoin through traditional market channels.

While the broader spot ETF market is still stabilizing, BlackRock’s overwhelming inflows show where.

Adding more perspective, a crypto analyst highlighted that the.Currently, IBIT holds, compared to MicroStrategy’s. With only anow, the competition between the two for the largest institutional Bitcoin treasury is heating up.