231 million USD flows into IBIT after the "second worst" price drop of the ETF fund

BlackRock’s spot Bitcoin ETF recorded an inflow of $231.6 million on Friday, after two consecutive days of heavy outflows amid a week of volatility in the Bitcoin market.

The iShares Bitcoin Trust ETF (IBIT) experienced a total outflow of $548.7 million over Wednesday and Thursday as market sentiment in crypto weakened to a record low. During this period, Bitcoin’s price briefly dropped to $60,000, according to data from Farside.

Preliminary data from Farside shows that nine Bitcoin spot ETF products in the US recorded a total inflow of $330.7 million, after three previous sessions with a total net outflow of $1.25 billion.

ETF Flows Reflect Investor Sentiment

Since the beginning of 2026, IBIT has only had 11 trading sessions with net inflows.

Bitcoin holders and crypto market participants closely monitor Bitcoin ETF flows to assess price trends and the level of interest in this digital asset.

Over the past 30 days, Bitcoin’s price has decreased by 24.30%, and at the time of publication, Bitcoin was trading around $69,820 according to CoinMarketCap data.

On Thursday, IBIT set a record for daily liquidity when trading volume reached $10 billion, according to Bloomberg ETF analyst Eric Balchunas.

IBIT Recovers After Sharp Drop

Balchunas said IBIT once dropped 13% in a single day — the second-largest daily decline since its launch. The largest drop was 15% on May 8, 2024.

However, the fund recovered 9.92% on Friday, closing at $39.68, according to Google Finance data.

ETF analyst James Seyffart noted that although Bitcoin ETF investors are experiencing the “biggest losses” since US products launched in January 2024 — with paper losses of about 42% when Bitcoin is below $73,000 — recent outflows are still significantly smaller than the capital inflows during the market peak.

Before the decline starting in October, total net inflows into Bitcoin spot ETFs reached approximately $62.11 billion; this figure has now decreased to around $55 billion.