US Bitcoin ETFs see $358M inflows, nearing net inflow for 2026 despite market dips

US Bitcoin exchange-traded funds (ETFs) attracted $358.1 million in net inflows recently, reversing a two-day outflow and bringing total inflows close to resuming positive territory for 2026. Notably, BlackRock’s iShares Bitcoin Trust received $269.3 million, while Morgan Stanley’s new Bitcoin Trust added $14.9 million on its second trading day. Despite Bitcoin’s price drop from $97,000 to $72,200, institutional and retail demand remains strong, with BlackRock’s IBIT seeing $1.5 billion net inflows this year. This trend signals sustained investor confidence in Bitcoin ETFs amid broader crypto market volatility.