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BlackRock's Spot Bitcoin ETF Snaps Four-Week Downtrend in Volumes

IBIT saw a net inflow of $1.31 billion last week.

Updated Jun 30, 2025, 3:17 p.m. Published Jun 30, 2025, 5:57 a.m.
Trading chart (Nicholas Cappello/Unsplash)
Trading chart (Nicholas Cappello/Unsplash)

What to know:

  • BlackRock's spot bitcoin ETF, listed as IBIT on Nasdaq, increased by 3.49% last week, breaking a four-week decline in trading volumes.
  • IBIT saw a net inflow of $1.31 billion last week, contributing to a total of $3.74 billion in investor funds this month.

BlackRock's spot bitcoin exchange-traded fund (ETF) listed on Nasdaq under the ticker IBIT rose 3.49% last week, snapping a four-week downtrend in trading volumes.

A total of 210.02 million shares changed hands in the week ended June 27, registering a 22.2% growth from the preceding week's volume tally of 171.74 million shares, according to data source TradingView. That's the first weekly growth since the third week of May.

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The renewed upswing in volume comes amid continued demand for the ETF. Last week, IBIT registered a net inflow of $1.31 billion, following the preceding week's tally of $1.23 billion. The largest publicly listed fund has amassed $3.74 billion in investor money this month, according to data source SoSoValue.

The 11 spot ETFs listed in the U.S. have collectively registered a net inflow of over $4 billion this month, marking the third consecutive monthly inflow.

IBIT's weekly chart with trading volumes. (TradingView/CoinDesk)
IBIT's weekly chart with trading volumes. (TradingView/CoinDesk)

The chart shows that IBIT has formed a bull flag, mimicking the bullish continuation pattern on the spot BTC price chart.

A breakout, if confirmed, would signal an extension of the bull run from early April lows near $42.98.

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