BlackRock Bitcoin ETF (IBIT) Sees $597M In Inflow, Saves the Day
BlackRock Bitcoin ETF (IBIT) recorded $597 million in inflow despite crypto market crash, the third net consecutive inflows for spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin ETF (IBIT) recorded over $597 million in inflow on Tuesday. The BlackRock Bitcoin ETF saves the day for the bleeding crypto market after investors turned cautious with strong US JOLTS job openings and ISM Services PMI data.
The spot Bitcoin ETF in the United States saw a net inflow of $53.46. Bitcoin ETFs by Fidelity, Bitwise, Ark 21Shares, Franklin Templeton, and Grayscale recorded outflows.
BlackRock Bitcoin ETF Saw Inflow Despite Crypto Market Crash
BlackRock’s iShares Bitcoin ETF (IBIT) purchased 6,078 BTC worth $208.7 on January 7, while miners only mined 450 new BTCs. IBIT recorded an inflow of $597.18 million, as per Trader T data.
This makes the third consecutive inflow into IBIT despite a major selloff in the crypto market. Notably, US Bitcoin ETF saw an inflow of $978.6 million on Monday, sparking optimism as the flagship crypto soared past the $102K mark.
Meanwhile, Fidelity’s FBTC, Bitwise’s BITB, and Ark Invest’s ARKB saw outflow of $86.29 million, $113.85 million, and $212.55 million, respectively. Also, Franklin EZBC saw a $5.58 million in outflow.
Grayscale’s GBTC also witnessed an outflow of $125.45 million. Flows were zero for Invesco, Valkyrie, VanEck, and Grayscale Mini.
According to Farside Investors, the total net inflow for Bitcoin spot ETFs reached $52.4 million. The iShares Bitcoin Trust by BlackRock saw a net inflow of $596.1 million. Whereas, other ETFs experienced varying degrees of outflow.
Bitcoin and Crypto Market Crash On Macro ConcernsAccording to the U.S. Bureau of Labor Statistics, the JOLTS jobs openings increased by 259,000 to 8,098 million in November 2024, Also, ISM Services PMI came in higher than expected, which shows the resilience of the U.S. economy currently. This caused Bitcoin price to crash by more than 5%.
In fact, the US dollar index (DXY) holds its advance above 108.50 today, after a two-day low move that caused a recovery in Bitcoin price. Also, the 10-year US Treasury yield increased to a 35-week high of 4.68%. The strong US economic data reduced expectations for further rate cuts by the Federal Reserve.
Whereas, BTC price continues to fall despite better performance by BlackRock Bitcoin ETF. The price currently trades at $96,259. The 24-hour low and high are $96,132 and $102,022, respectively. Furthermore, the trading volume has decreased by 23% in the last 24 hours.
#BlackRock⁩ #BitcoinETFs #BTC #cryptomarket #CryptoNews

Recent discussions within the cryptocurrency community have speculated about the possibility of BlackRock, the world's largest asset manager, launching an $XRP exchange-traded fund (ETF). This speculation gained traction after XRP community commentator Mickle shared predictions for 2025, including the potential introduction of an XRP ETF by BlackRock.
In late 2023, an alleged XRP ETF filing under BlackRock's name appeared on the State of Delaware's website, sparking optimism among XRP enthusiasts. However, BlackRock promptly refuted the claim, clarifying that the filing was fraudulent.
Currently, BlackRock's Head of ETFs, Jay Jacobs, has stated that the company's focus remains on its existing Bitcoin and Ethereum ETFs, with no immediate plans to introduce ETFs for altcoins like XRP. Jacobs emphasized the intent to expand accessibility to their current crypto ETFs before considering additional products.
Despite BlackRock's current stance, the broader market remains hopeful. Several asset managers, including WisdomTree, Bitwise, Canary Capital, and 21Shares, have officially filed for XRP ETFs, signaling strong institutional interest.
Do you think BlackRock will eventually venture into XRP ETFs, or will other asset managers lead the way in this space?
For daily authentic crypto news updates, follow, like, and share! Thanks for reading, and stay tuned for more insights and analysis.
Source: Finbold
#BlackRock⁩ #Xrp🔥🔥 #etf

🔔 MARKET MOVING NEWS! (05/01/25)

1️⃣ Crypto Wallet Phantom Confirms It Won’t Launch a Token Amid Airdrop Rumours ▶️
#PhantomWallet
In a message posted to its X account on Friday, crypto wallet provider Phantom refuted rumours that suggested it would initiate a token airdrop to complement its soon-to-be-released social discovery feature.

The post reads,

We've seen some speculation about an airdrop tied to this feature, so to clarify: we do not have any plans to launch a token. But we're incredibly excited about social discovery on Phantom and are actively working on ways to make it something everyone loves.

2️⃣ Hyperliquid Leads The Pack As DEX Futures Hit $285 Billion In 2024 🔼
#DEX
According to a report by The Block, DEX futures trade volume as a percentage of those for CEXs hit an all-time high of 10.17% in December. The report notes this figure as its highest point in recent history. The increase in DEX futures trading was attributed to the growing adoption of platforms like Hyperliquid, Jupiter, ApeX, Satori Finance and Drift. The report also notes that the cumulative trade volume on DEXs for 2024 reached $285 billion by December. Hyperliquid reportedly contributed 78.8% of the total DEX volume, with a monthly volume of over $225 million in December. Jupiter followed Hyperliquid, capturing 9.8% of the market and recording over $28 million in December. The data shows that decentralised futures platforms are steadily eating into the market share of their centralised counterparts.

3️⃣ Coinbase Gains Key License To Offer Derivatives In Europe Through Acquisition Of Bux's Cyprus Unit ‼️

Crypto exchange Coinbase has reportedly acquired the Cyprus unit of European brokerage company Bux. Notably, the acquisition gives Coinbase access to a Markets in Financial Instruments Directive II (MiFID II) license - an integral license to its plans for European expansion. According to the report, the acquisition was completed in August 2024. The new license allows Coinbase to offer its services across Europe without getting re-licensed in each separate jurisdiction. Bux had used the license to offer contracts for differences (CFD) trading products.

4️⃣ BlackRock's Spot Bitcoin ETF Marks First Two-Week Streak Of Weekly Net Outflows 💸
#BlackRock⁩
According to SoSoValue data, U.S.-based spot Bitcoin ETFs logged a weekly net inflow of $245 million - this is their third-smallest net inflow so far. However, this week’s figures are an improvement from last week's $388 million net outflows. Notably, BlackRock's iShares Bitcoin Trust (IBIT) logged negative weekly outflows for the second straight week. This is the first such streak for the market's largest spot Bitcoin ETF. The weekly loss is reportedly in part due to IBIT's record outflows on Thursday. The fund shed the most value in a single day on Thursday since its launch one year ago.

#Crypto2025Trands

#BlackRock⁩
In a surprising turn of events, BlackRock has made its largest Bitcoin sale to date, offloading $332.62 million in BTC in a single day. This adds to a recent sell-off totaling over $500 million, marking a pivotal moment for the crypto market. Analysts are now speculating whether this move signals profit-taking or a strategic play to influence the market’s dynamics.

🔥Key Developments to Watch:
Weeks ago, BlackRock made headlines by transferring 100,000 BTC to 29 separate wallets. Now, with the significant liquidation of their holdings, it appears they’re capitalizing on early acquisitions priced around $40,000–$50,000, potentially securing substantial gains. Historical data points to similar market maneuvers, such as the infamous Mt. Gox sell-off, which caused a sharp BTC price drop from $70,000 to $50,000 with a much smaller capital outlay. The intent? Some argue it’s to trigger panic among retail investors, pushing Bitcoin dominance lower (40-50%) and paving the way for a powerful altcoin rally.

🚀 Implications for the Market:
BlackRock’s timing is noteworthy, given recent FUD surrounding Tether, MicroStrategy, and the underperformance of high-cap assets like Ethereum and Solana, down 10-15%. Historically, sharp moves like this shake out weaker hands, creating ideal conditions for institutional players to re-enter at lower prices. If these patterns hold, a new Bitcoin all-time high could follow after the anticipated altseason frenzy. With the next cycle peak expected in Q2/Q3 2025, BlackRock’s strategy could prove to be a calculated effort to dominate the market narrative.

💎The Big Question:
Will BlackRock’s actions incite widespread panic or open doors for savvy investors to seize opportunities? The next few weeks will be critical as the market responds to this seismic shift. Stay informed and prepare for what could be a defining moment in this cycle’s trajectory.
#BlackRock⁩ #BTC $BTC

🔔 #Binance surpassed 250 million users.
🔔 Do Kwon pleaded not guilty to US fraud charges over $40 billion Terra collapse
🔔 Solana $SOL surpassed $100 billion market
🔔 IRS delayed crypto tax reporting requirements until 2026
🔔 #FTX began repaying $16 billion to creditors
🔔 $1.3T asset manager Morgan Stanley's E-Trade reportedly explores offering crypto trading
🔔 #MicroStrategy acquired 2,138 Bitcoin at an average price of $97,837
🔔 Robinhood gave $2.5 million in Bitcoin to Gold members to celebrate the New Year
🔔 X payment system 'X Money' to launch in 2025, CEO Linda Yaccarino said
🔔 $1.5 trillion Franklin Templeton said "we expect to see strategic #BitcoinReserve added by several nations in 2025"
🔔 #BlackRock⁩ 's Spot Bitcoin ETF officially became the fastest-growing exchange traded fund in history
🔔 Hong Kong lawmaker proposed adding Bitcoin to national reserves to boost financial security
🔔 Publicly traded Genius Group $GNS bought another $10 million BTC for its Bitcoin treasury

Quỹ ETF Bitcoin iShares (#IBIT ) của BlackRock vừa chứng kiến mức dòng tiền rút ra lớn nhất từ trước đến nay vào ngày 2 tháng 1, với 333 triệu USD do các nhà đầu tư chốt lời. Đây là sự kiện đáng chú ý khi thị trường tiền mã hóa bước vào năm mới, tạo nên những biến động mạnh mẽ trong ngắn hạn.
Dòng tiền rút lớn nhất từ trước đến nay
Theo dữ liệu từ Farside Investors, ngày 2/1 đã đánh dấu kỷ lục dòng tiền rút ra từ IBIT, đạt mức 333 triệu USD. Đây là mức cao nhất từng được ghi nhận đối với một quỹ ETF Bitcoin. Ngoài IBIT, thị trường ETF Bitcoin tại Hoa Kỳ cũng ghi nhận dòng tiền rút tổng cộng 248 triệu USD, trong đó Grayscale Bitcoin Trust (#GBTC ) đứng thứ hai với 23 triệu USD bị rút.
Alex Obchakevich, nhà sáng lập Obchakevich Research, nhận định:
"Nguyên nhân chính là do nhà đầu tư chốt lời đầu năm 2025. Vào cuối năm, các nhà đầu tư và quỹ thường xem xét lại danh mục đầu tư, dẫn đến việc bán ra một số cổ phần."
Hiện tượng "Tax-Loss Harvesting" và lợi nhuận đầu năm
Isaac Joshua, CEO của nền tảng token Gems, giải thích rằng sự sụt giảm này còn liên quan đến chiến lược "tax-loss harvesting".
"Nhiều nhà đầu tư đã thanh lý cả quỹ ETF Bitcoin và tài sản cơ bản để tối ưu hóa báo cáo thuế, một hiện tượng phổ biến trên thị trường tài chính vào thời điểm này trong năm."
Triển vọng tích cực của ETF Bitcoin BlackRock
Dù có dòng tiền rút lớn, các chuyên gia vẫn giữ cái nhìn lạc quan về ETF Bitcoin của #BlackRock⁩ . Ryan Lee, trưởng bộ phận phân tích tại Bitget Research, nhấn mạnh:
"ETF Bitcoin của BlackRock có khả năng thúc đẩy việc chấp nhận Bitcoin rộng rãi bằng cách đơn giản hóa quyền truy cập cho các nhà đầu tư tổ chức, nâng cao tính hợp pháp và hỗ trợ sự phổ biến của Bitcoin."IBIT đã đạt 50 tỷ USD tài sản quản lý chỉ sau 228 ngày kể từ khi ra mắt, nhanh hơn gấp năm lần so với bất kỳ ETF nào khác trong lịch sử. Ngoài ra, ETF này được kỳ vọng sẽ tạo cầu nối giữa tài chính truyền thống và tiền mã hóa, góp phần ổn định giá Bitcoin và giảm thiểu biến động thị trường.
Giá Bitcoin vẫn ổn định sau dòng rút
Mặc dù dòng tiền rút lớn, Bitcoin vẫn duy trì mức giá tương đối ổn định. Theo CoinMarketCap, BTC đang giao dịch quanh mức 96,700 USD, tăng nhẹ 0.11% trong 24 giờ qua và 0.35% trong tuần qua. Tuy nhiên, giá này vẫn thấp hơn 10.7% so với mức cao nhất lịch sử gần 108,300 USD được ghi nhận vào ngày 17/12.
Kết luận
Sự kiện dòng tiền rút kỷ lục từ quỹ ETF Bitcoin của BlackRock cho thấy những biến động ngắn hạn trong thị trường tiền mã hóa, nhưng triển vọng dài hạn vẫn tích cực nhờ vào tiềm năng hợp pháp hóa và mở rộng quyền tiếp cận cho nhà đầu tư tổ chức. Liệu dòng vốn có quay trở lại trong quý 1/2025? Đây sẽ là một câu hỏi đáng theo dõi.