BlackRock’s IBIT ETF Reports $643 Million Daily Inflow Amid Bitcoin Surge

On April 23, BlackRock’s IBIT Bitcoin ETF experienced a robust daily inflow of $643 million, coinciding with Bitcoin’s price surge above $90,000. This influx follows a renewed interest in Bitcoin, prompted by the appointment of Paul Atkins as SEC chair. Overall, U.S. spot Bitcoin ETFs have gained a net inflow of $916.91 million, reaching a record cumulative total of $37.61 billion since launch.

In a fascinating development on April 23, BlackRock’s Bitcoin ETF, known as IBIT, experienced a significant daily inflow of $643 million as Bitcoin’s price soared past the $90,000 mark. This surge in institutional investment comes after a period of subdued market activity, energized by the recent appointment of Paul Atkins as SEC chair, igniting bullish sentiment among traders.

Recent data from Sosovalue highlights that all U.S. spot Bitcoin ETFs combined have seen a net inflow of $916.91 million on the same day, with BlackRock’s IBIT leading the way. The cumulative inflow for the week has now topped $2.23 billion, marking a notable moment for the industry. With only three days into this week, it’s already shaping up to be the most fruitful week of 2025 for Bitcoin inflows.

The consistent influx of capital from traditional investors has revitalised the market for Bitcoin ETFs, which have recorded positive net inflows for four consecutive trading days. This resurgence in trading activity follows a lacklustre few weeks, indicating that investors are regaining confidence.

Since their introduction, U.S. spot Bitcoin ETFs have accumulated a staggering $37.61 billion in net inflows, with total net assets currently valued at approximately $106.39 billion. As cryptocurrency interest continues to rise, analysts are keenly watching these developments as a potential harbinger of future market trends.