Bitcoin ETF flows return to positive territory; BlackRock's IBIT ranks in top 1% of ETFs

Bloomberg Senior ETF Analyst Eric Balchunas said on X that Bitcoin ETF flows have turned positive across the board. "All rolling periods we track are positive," he wrote, marking the first such shift in several months. BlackRock's iShares Bitcoin Trust (IBIT) has logged about $3 billion in cumulative inflows, placing it in the top 1% of all ETFs by fund-flow performance. Balchunas added that the category would still need billions more to reclaim the prior record of $62.8 billion in cumulative funding, but said the move points to a clear improvement in investor sentiment and a recovery in demand for Bitcoin ETFs.