BlackRock's iShares Bitcoin Trust (IBIT) recorded a significant inflow of $231.6 million on February 6, 2026, marking the largest single-day inflow in weeks and ending a two-day streak of capital outflows from Bitcoin ETFs. This reversal occurred amidst a period of market volatility where Bitcoin's price had dipped to around $60,000 before recovering to approximately $69,820.
The $231.6 million inflow is seen as a strong signal of renewed institutional confidence. It partially offset the prior two days of outflows, which totaled $548.7 million, and suggests that major investors viewed the price weakness as a strategic buying opportunity rather than a reason to exit. Market analysts interpret this move as indicative of strategic, long-term allocation rather than emotional trading.
BlackRock's ETF continues to dominate institutional flows, with investors showing a preference for its structure, liquidity, and regulatory clarity. The timing and scale of this inflow are viewed as reinforcing BlackRock's role as the primary gateway for institutional Bitcoin exposure and bolstering overall market perception of ETFs.
Analyst James Seyffart of Bloomberg Intelligence noted that Bitcoin ETF investors are facing significant paper losses, with roughly 42% losses when BTC trades below $73,000. However, the recent inflows suggest that long-term confidence persists despite short-term volatility, as the cumulative net inflows since the ETFs' 2024 launch stand at approximately $62 billion.
