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BlackRock's Bitcoin ETF sees $47.66M inflow, ending 13-day outflow streak amid Bitcoin's 15% weekly drop.

Market News
05 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

BlackRock's Bitcoin ETF recorded a $47.66 million inflow on June 5, breaking a 13-day streak of consecutive outflows. This inflow occurred as Bitcoin traded near $61,000, despite the asset experiencing a more than 15% decline over the past week. The broader Bitcoin ETF market continued to face pressure, with other funds still seeing withdrawals. BlackRock's inflow suggests renewed institutional interest amid ongoing volatility, though no official explanation was given. This reversal may indicate positioning ahead of potential price stabilization in the crypto market.

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