BlackRock’s iShares Bitcoin Trust (IBIT) recorded a capital influx of approximately $256 million on April 20.
Data reported on April 21 marks the fifth consecutive day of positive net flows for spot Bitcoin ETFs. Institutional accumulation persists even as Bitcoin prices trade below recent peaks.
The trend suggests a buy-the-dip strategy among major investors during the current market drawdown. IBIT continues to serve as a primary vehicle for institutional exposure to digital assets amidst ongoing volatility.