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Tag: IBIT

  • Crypto Funds Bleed $173M As Outflows Extend To Fourth Week – Report

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    Crypto exchange-traded products (ETPs) have extended their negative streak to a fourth consecutive week after US market weakness pushed global funds to over $170 million in weekly outflows.

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    Crypto Funds Outflows Extend Amid US Weakness

    According to the latest CoinShares data, crypto-based investment products recorded their fourth week of outflows amid the negative market sentiment of the past month.

    In a Monday report, James Butterfill, head of research at CoinShares, shared that global crypto funds closed the week with negative net flows totaling $173 million, bringing cumulative four-week outflows to $3.47 billion.

    Crypto asset funds see negative net flows for fourth consecutive week. Source: CoinShares

    Notably, crypto ETPs recorded over $1.7 billion in outflows each of the last two weeks of January as the market sentiment shifted, marking the largest negative net flows since November 2025.

    Over the past two weeks, investment products have seen outflows of $187m and $173m, respectively.  The latest figures suggest that the strong selling pressure has slowed, although it has not yet reversed despite improved market sentiment.

    “The week began on a more positive note, with inflows of US$575m, followed by outflows of US$853m, likely driven by further price weakness. Sentiment improved slightly on Friday following weaker-than-expected CPI data, with inflows of US$105m,” he detailed.

    Meanwhile, ETPs’ trading activity also dropped notably, with volumes falling to $27 billion from a record $63 billion recorded the previous week.

    Butterfill noted that the funds also saw a sharp regional divergence in sentiment between the US and the rest of the world. Per the report, the US saw $403 million in outflows last week, while all other regions recorded $230 million in inflows.

    Germany, Canada, and Switzerland registered the strongest performance, with inflows worth $114.8 million, $46.3 million, and $36.8 million, respectively.

    Altcoins See Selective Resilience

    As the report noted, the two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), saw the worst performance among major assets. The flagship crypto had the weakest sentiment, recording $133 million in negative net flows, fueled by BlackRock IBIT’s $235 million in outflows.

    crypto
    BTC, ETH lead outflows, while altcoins show demand. Source: CoinShares

    However, short Bitcoin investment products also recorded outflows, totaling $15.4 million over the past two weeks, “a pattern often seen near market lows,” Butterfill added.

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    Ethereum suffered $85.1 million in outflows, led by BlackRock ETHA’s $112.7 million, while Hyperliquid saw $1 million in outflows.  On the flip side, some altcoin-based investment products saw positive sentiment, continuing to attract fresh inflows last week.

    Crypto funds based on XRP led the charge with $33.4 million in inflows, adding to the previous week’s $63.1 million positive flows. Solana ETPs followed second with $31 million inflows, a notable increase from the $8.2 million recorded the week prior, signaling confidence in these assets despite the broader trend.

    crypto, TOTAL
    The total crypto market capitalization is at $2.35 trillion in the one-week chart. Source: TOTAL on TradingView

    Featured Image from Unsplash.com, Chart from TradingView.com

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    Rubmar Garcia

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  • Bitcoin ETF Fever Spreads: BlackRock Targets Australian Market Next

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    BlackRock will list an iShares Bitcoin ETF on the Australian Securities Exchange in mid-November 2025, according to public filings and market reports.

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    The product will be a local wrapper around BlackRock’s US iShares Bitcoin Trust — a vehicle that launched in January 2024 and now manages about $85 billion.

    Based on reports, the new ASX ticker will charge a management fee of 0.39% per year.

    BlackRock Brings IBIT To ASX

    The move aims to give Australian investors an easier way to gain exposure to bitcoin through a familiar exchange-listed product.

    Reports have disclosed that investors who buy the ASX ETF will not hold bitcoin in a private wallet; they will have exposure through the ETF’s structure.

    That means price swings in bitcoin still apply. It also means custody and technical handling are managed by the fund rather than each investor.

    What Investors Should Know

    The fee of 0.39% is competitive when compared with many retail crypto services, but traders and long-term holders will want to check how closely the ETF tracks bitcoin’s price and what trading spreads look like on the ASX.

    According to filings, the ASX listing will use the US trust as the underlying asset, which raises questions about cross-market flows and the mechanics of how units are created and cancelled.

    Liquidity on the local exchange, and how market makers support the product, will shape how cheaply investors can enter and exit positions.

    Total crypto market cap currently at $3.37 trillion. Chart: TradingView

    Market Implications For Australia

    BlackRock’s entry could prompt other asset managers to list similar products in Australia. Based on reports, the launch follows a wave of spot bitcoin ETF approvals and listings in other markets since early 2024.

    For retail investors who avoided direct crypto custody, an ETF on the ASX removes some of the operational hurdles. But it does not remove market risk: bitcoin’s price can move sharply.

    Regulators in Australia have already been refining rules around crypto products, and the presence of a major global manager will put those rules under closer scrutiny.

    Competition And Risks

    Smaller providers offering bitcoin exposure through different structures may face tougher competition on fees and access.

    Reports have also highlighted potential downsides: an ETF wrapper can add a layer of cost and complexity, and investors may misunderstand the difference between owning the underlying asset and owning ETF units.

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    Custody arrangements, insurance, and how the trust sources and stores bitcoin are items that advisers and sophisticated buyers will examine.

    According to market watchers, the timing — mid-November 2025 — matters. Investor appetite, bitcoin’s price action and broader market sentiment around that time will affect how much money flows into the new ETF.

    For many Australians, this will be a new, regulated route into bitcoin exposure. For the market, it is another step toward mainstream channels where big asset managers compete for crypto assets on familiar ground.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • BlackRock’s IBIT Maintains Lead In Bitcoin ETF Race, Crosses $2 Billion In Inflows

    BlackRock’s IBIT Maintains Lead In Bitcoin ETF Race, Crosses $2 Billion In Inflows

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    According to data from BitMEX Research, BlackRock’s Bitcoin spot ETF – IBIT –  has now set a new record, achieving a total net inflow of $2 billion. This feat allows IBIT to maintain its position as the best-performing fund of the bunch, following the approval of 11 Bitcoin spot ETFs by the US Securities and Exchange Commission on January 10.

    BlackRock’s IBIT Maintains Dominance As Total Net Flows Reach $744.6 Million

    On January 25, which marked the tenth trading day of the Bitcoin spot ETF market, BlackRock’s IBIT produced an unsurprising positive performance, notching $170.7 million in inflows. This gain allowed the investment fund to move into an exclusive list as the first Bitcoin spot ETF to amass $2 billion in market cap.

    Commenting on this feat, Bloomberg analyst James Seyfarrt has credited the recent rise in BTC’s price as a major contributing factor. He said:

    Yes, the #Bitcoin price has pushed $IBIT‘s assets beyond $2 billion. This plus likely new flows today should mean it will be above $2 billion at close.

    Following the trading debut of BTC spot ETFs on January 11, IBIT quickly emerged as an investor’s favorite, recording the highest individual daily inflows of the market at $386 million on January 12. BlackRock’s BTC spot ETF has managed to retain this investors’ attention over the first two trading weeks, evidenced by its consistent positive performances, which has culminated in a total flow of $2.086 billion.

    IBIT’s performance is closely followed by Fidelity’s FBTC, which recorded $101 million in inflows on January 25, moving its total flows to $1.825 billion. Meanwhile, other Bitcoin spot ETFs with notable performances include Bitwise’s BITB and Ark Invest’s ARKB, both of which boast individual cumulative AUMs of over half a billion dollars.

    In other news, the outflows in Grayscale’s GBTC remain a constant trend; however, there has been a notable decline in selling volume over the last few days. At the time of writing, GBTC’s total outflow is valued at $4.786 billion. In comparison with a cumulative inflow of $5.53 billion, total flows in the Bitcoin spot ETF market stand at $744.6 million. 

    Source: BitMEX

    Bitcoin Price Overview

    At press time, Bitcoin is currently trading at $41,725.19 following a 4.52% price gain in the past day, according to data from CoinMarketCap. This recent uptick is quite significant, considering the asset’s previous bearish form, marked by a 20% decline over the last two weeks which resulted in BTC’s dipping below $39,000. 

    Bitcoin’s price has been negatively affected by GBTC’s massive outflows; however, as the selling pressure appears to be decreasing, coupled with consistent positive performances of other ETFs, notably BlackRock’s IBIT, that crypto market leader could soon pull off a market recovery.

    BlackRock’s IBIT

    BTC trading at $41,802.61 on the daily chart | Source:  BTCUSDT chart on Tradingview.com

    Featured image from Reuters, chart from Tradingview

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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    Semilore Faleti

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  • After Bitcoin ETFs, watch for the next most popular crypto to go the same route

    After Bitcoin ETFs, watch for the next most popular crypto to go the same route

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    After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs.

    The U.S. Securities and Exchange Commission on Wednesday greenlighted 11 spot bitcoin
    BTCUSD,
    -1.58%
    ETFs for the first time. The products, which made its debut trading on Thursday, logged a relatively strong first day. 

    However, bitcoin fell 6.8% on Friday, leaving it with a 3.2% gain over the past seven days, according to CoinDesk data. It underperformed ether
    ETHUSD,
    +1.82%    ,
    which rose 17.6% over the past seven days while it declined 1.2% on Friday.  

    The news about bitcoin ETFs was mostly priced in, while investors are now looking past it to a potential approval of ether ETFs, analysts said.

    “I see value in having an ETH ETF,” Larry Fink, chief executive at the world’s largest asset manager BlackRock, told CNBC’s Squawk Box on Friday. BlackRock, which just launched its iShares bitcoin Trust
    IBIT,
    in November filed an application for a spot ether ETF.

    “It’s hard to know exactly what the U.S. regulators would do” about ether ETF applications, said Alonso de Gortari, chief economist at Mysten Labs, an internet infrastructure company.

    However, “I would expect that once you open the door, it becomes easier and I think the industry is very excited about it,” de Gortari said. If bitcoin ETFs see an impressive institutional inflow in the coming months, it could make such products more established and set a good precedent for other crypto ETF applications, he said.

    Read: Vanguard’s decision to shun bitcoin ETFs triggers backlash — with some customers moving to crypto-friendly competitors like Fidelity

    Also see: Why the debut of bitcoin ETFs could be bad news for crypto stocks, futures ETFs

    The enormous competition and huge inflows into bitcoin ETFs will only boost investors’ interests in an ether ETF, according to Paul Brody, EY’s global blockchain leader. “There’s no doubt that ETH is the next big market and has immediately become a priority for financial services companies,” Brody said in emailed comments.

    Compared with bitcoin, the Ethereum blockchain offers more utility and has unique advantages, noted Fadi Aboualfa, head of research at digital assets custodian Copper. 

    Sandy Kaul, head of digital asset and industry advisory services at Franklin Templeton, said she eventually expects the arrival of ETFs that track a basket of cryptocurrencies. Such products, instead of those based on single crypto, would dominate the space if they are approved, she said.  

    “Just like the S&P 500 has 500 stocks in it, right? You don’t have just one stock.” Kaul said in a phone interview. The arrival of a bitcoin ETF, is just a “baby step into really beginning to think about the future market structure of crypto,” Kaul added. 

    However, not everyone is that optimistic. Will McDonough, founder and chairman of Corestone Capital, said the approval of an Ethereum ETF has “a long way to go.” 

    SEC chairman Gary Gensler previously said bitcoin was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security. 

    The agency also went after companies that offered crypto staking, which allows investors to earn yields by locking their coins to secure blockchains such as Ethereum. The SEC shut down crypto exchange Kraken’s staking business in the U.S. last year.  

    One possibility is that “companies will be able to offer an ETH ETF, but they will not be allowed to stake that ETH and earn yield,” noted EY’s Brody.

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