BlackRock’s iShares Bitcoin Trust recorded a significant $269.3 million inflow, its highest in five weeks, helping US spot Bitcoin ETFs achieve a net inflow of $358.1 million. Institutional investors are leading this demand, with Morgan Stanley also reporting a strong start for its own Bitcoin ETF, signaling continued institutional interest despite a recent decline in Bitcoin’s price.
A major inflow surge into BlackRock‘s iShares Bitcoin Trust helped offset broader outflows in the sector. This activity resulted in a net positive movement of $358.1 million for U.S. spot Bitcoin ETFs last Thursday.
Fidelity‘s Wise Origin Bitcoin Fund and Morgan Stanley‘s Bitcoin Trust also reported inflows of $53.3 million and $14.9 million, respectively. The data was reported by on-chain analytics.
Top institutional investors are primarily driving these capital movements. BlackRock’s digital assets head, Robert Mitchnick, stated that IBIT investors “are disproportionately long-term buy-and-hold investors.”
Morgan Stanley‘s digital asset head, Amy Oldenburg, noted MSBT was the bank’s best-performing ETF launch ever. These inflows occurred as Bitcoin’s price corrected from its 2026 peak of $97,000 to approximately $72,100.
The substantial inflows indicate strong institutional demand, bringing the year-to-date net inflow figure for U.S. spot Bitcoin ETFs within $80 million of its record. Morgan Stanley is also expanding its crypto product offerings with filings for a staked Ether ETF and a Solana ETF.
In a public statement, Oldenburg reiterated the success of their Bitcoin ETF launch. “It was the best first day of trading for any of our ETFs,” she mentioned during an interview.
The market transformation is ongoing, but institutional interest in digital asset exposure is clearly growing. This trend is highlighted by the recent performance of major financial firms’ cryptocurrency products.
