BlackRock's IBIT Draws $231.6M After Turbulent Bitcoin Week
The iShares Bitcoin Trust logged a sizable inflow on Friday amid market volatility, while reports show BlackRock trimmed crypto exposure earlier in the week.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $231.6 million in net inflows on Friday, a recovery following a turbulent week for Bitcoin markets.[1][3][4]
Cointelegraph noted the inflow represented only IBIT’s 11th day of net inflows in 2026, underscoring continued volatility in the ETF’s trading performance this year.[3]
Separately, Finbold reported that across the five trading days from February 2 to February 6 BlackRock reduced its exposure to both Bitcoin and Ethereum, recording a combined net outflow of roughly $343.3 million from its spot holdings over that period.[2]
Ecoinimist and other outlets described the inflow as occurring after a chaotic sell-off that pushed Bitcoin toward the $60,000 mark and noted market commentary referencing broader rumors around a "hedge fund blowup," framing the IBIT inflow as a partial recovery following the sharp moves.[4][1]
The data show both significant short-term inflows into IBIT and simultaneous reductions in BlackRock’s broader crypto exposure earlier in the week, reflecting mixed flows amid heightened price volatility.[1][2][3][4]
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Citations
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- 1BlackRock Bitcoin ETF Draws $231.6M Inflows After Turbulent BTC WeekCrypto Breaking News• Feb 7, 2026
- 2Here’s how much crypto BlackRock dumped in the first week of FebruaryFinbold• Feb 7, 2026
- 3$231.6M pours into IBIT following ‘second-worst’ day for ETF priceCointelegraph• Feb 7, 2026
- 4BlackRock’s IBIT Sees $231M Inflow Recovery as “Hedge Fund Blowup” Rumors SwirlEcoinimist• Feb 7, 2026
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