BlackRock IBIT Draws Fresh Funds as GBTC Bleeds

TLDR

• BlackRock’s IBIT recorded about $1.08 billion in net inflows over the past 20 days.
• GBTC posted roughly $254.7 million in outflows during the same period.
• IBIT holds about 785,000 BTC and manages more than $60 billion in assets.
• IBIT charges a 0.25% annual fee, compared with GBTC’s 1.5% fee.
• US spot Bitcoin ETFs collectively hold more than 1.28 million BTC.
• Bitcoin remains near $77,500 after failing to hold above the $78,000 level.

BlackRock’s iShares Bitcoin Trust continues to gain investor demand while Grayscale’s Bitcoin Trust records steady withdrawals. The split has widened as investors compare fees, scale, and access to spot Bitcoin exposure.

Over the past 20 days, BlackRock’s IBIT attracted about $1.08 billion in net inflows, based on Arkham Intelligence data. GBTC lost about $254.7 million during the same period, extending the gap between the two largest Bitcoin ETFs. The contrast has grown as Bitcoin ETF competition shifts toward products with lower costs and institutional access.

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