{"id":71440,"date":"2026-02-08T15:01:31","date_gmt":"2026-02-08T15:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=71440"},"modified":"2026-02-08T15:01:31","modified_gmt":"2026-02-08T15:01:31","slug":"blackrocks-ibit-draws-in-231m-as-bitcoin-etfs-close-week-positively-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=71440","title":{"rendered":"BlackRock\u2019s IBIT Draws In $231M As Bitcoin ETFs Close Week Positively \u2014 Details"},"content":{"rendered":"
\n

After a chaotic week for the cryptocurrency market, the US-based Bitcoin ETFs (exchange-traded funds) saw significant capital inflows on Friday, February 6. As the flagship cryptocurrency and the rest of the market suffered huge declines, the BTC-linked exchange-traded products also posted substantial withdrawals during the week.<\/p>\n

With the bear market confirmed by the latest steep price decline<\/a>, it would be interesting to see how the US Bitcoin ETFs would perform during their first extended period of downward price action. To give perspective, the BTC exchange-traded funds have had 11 days of capital inflows so far in 2026.<\/p>\n

US Bitcoin ETFs Post $330M Net Inflows<\/strong><\/h2>\n

According to the latest market data, the US Bitcoin ETFs saw a total net inflow of $330 million on Friday. This round of capital influx comes after three days of heavy withdrawals from the BTC exchange-traded funds over the past week.<\/p>\n

While the market data for Friday\u2019s activity remains incomplete, it comes as little surprise that BlackRock\u2019s iShares Bitcoin Trust (with the IBIT ticker) led this round of capital inflows. According to SoSoValue\u2019s data<\/a>, the exchange-traded fund added $231.62 million in value to close the week.<\/p>\n

Furthermore, Ark & 21Shares\u2019 (ARKB) followed in second place, with a total net inflow of $43.25 million on the day. Meanwhile, Bitwise\u2019s Bitcoin ETF (BITB) and Grayscale\u2019s Bitcoin Mini Trust (BTC) registered $28.7 million and $20.13 million in total net inflows, respectively, on Friday.<\/p>\n

Invesco Galaxy Bitcoin ETF (BTCO) was the only other Bitcoin ETF that registered activity on the day, posting a total net inflow of $6.97 million. As inferred earlier, these figures come in stark contrast to the performances seen earlier in the week.<\/p>\n

It is worth mentioning that this capital influx seen by the Bitcoin ETFs coincided with the price of Bitcoin reclaiming the $70,000 level on Friday. Meanwhile, it is no coincidence that the Coinbase Premium, an indicator of demand from United States investors, flipped positive going into the weekend.<\/p>\n

\"Bitcoin<\/p>\n

According to data from SoSoValue, this $330 million performance also brought the weekly record<\/a> to around $350 million in negative outflows. Notably, the $561 million capital inflow recorded on Monday, February 2, also played a part in the final weekly figure.<\/p>\n

Bitcoin Price At A Glance<\/strong><\/h2>\n

After briefly reclaiming the $70,000 mark on Friday, the premier cryptocurrency has cooled off over the weekend. As of this writing, the price of BTC stands at around $68,900, reflecting an over 1% decline in the past 24 hours.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After a chaotic week for the cryptocurrency market, the US-based Bitcoin ETFs (exchange-traded funds) saw significant capital inflows on Friday, February 6. As the flagship cryptocurrency and the rest of the market suffered huge declines, the BTC-linked exchange-traded products also posted substantial withdrawals during the week. With the bear market confirmed by the latest steep […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-71440","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71440"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71440\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}