BlackRock’s IBIT Draws $209.4M; U.S. ETFs Net $265.7M

U.S. spot Bitcoin ETFs recorded $265.7 million of net inflows on July 6, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $209.4 million of the total. The flows were recorded across the U.S. spot Bitcoin ETF complex on that date.

Grayscale’s legacy Bitcoin Trust, GBTC, posted $44.5 million of outflows on July 6. A separate, lower-fee Grayscale Bitcoin product showed about $42.3 million of inflows on the same day.

IBIT held roughly $46.5 billion in net assets as of July 6. The $209.4 million daily intake was small relative to that asset base.

Bitcoin traded near $63,000 around the July 6 flows, with a market capitalization near $1.26 trillion and a seven-day price change close to a 6% gain.

The day’s inflows were concentrated: IBIT supplied most of the positive activity while other issuers had mixed results and GBTC remained a source of redemptions. Net inflows across the complex were positive on the headline, but the underlying distribution of flows was uneven.

Market participants are monitoring subsequent ETF flow reports and intraday trading to observe whether inflows broaden across multiple funds and whether outflows from legacy products persist. Further daily flow data will show how the distribution of buying and redemptions evolves.