IBIT Overview

Bitcoin Net Inflows: Yesterday's net inflows into U.S. Bitcoin spot ETFs totaled $532 million, with significant contributions from BlackRock, Fidelity, and Morgan Stanley.

Ethereum Net Inflows: The net inflows into U.S. Ethereum spot ETFs reached $61.3 million, primarily driven by BlackRock and Fidelity.

BlackRock Contributions: BlackRock's Bitcoin ETF saw an inflow of $335 million, while its Ethereum ETF attracted $54.8 million.

Fidelity's Role: Fidelity's Bitcoin and Ethereum ETFs contributed $184 million and $6.5 million, respectively, to the overall net inflows.

Bitcoin ETF Inflows: This week, Bitcoin ETFs experienced a net inflow of $162.8 million, indicating strong investor interest in cryptocurrency investment vehicles.

Major Contributors: The inflows were significantly driven by several key ETFs, including BNY Mellon’s IBIT with $136.6 million, ARK's blockchain ETF with $51.0 million, and Fidelity's BTC ETF with $48.5 million.

BlackRock's Ethereum Investment: BlackRock has deposited a total of 26,273 ETH, valued at approximately $59.89 million, into Coinbase Prime through its Ethereum ETF, ETHA.

BlackRock's Bitcoin Investment: Additionally, BlackRock has deposited 226.677 BTC, worth around $17.54 million, into Coinbase Prime via its Bitcoin ETF, IBIT.

Bitcoin ETF Net Inflow: The US Bitcoin spot ETF recorded a net inflow of $23.5 million, with significant contributions from IBIT and FBTC, which saw inflows of $19.1 million and $26.6 million, respectively.

Ethereum ETF Outflow: The Ethereum ETF experienced a net outflow of $23.7 million, while ETHA faced a larger outflow of $50.6 million, indicating a shift in investor sentiment.

BlackRock Bitcoin ETF Inflow: The BlackRock Bitcoin ETF (IBIT) experienced a significant inflow of $983 million over the past week, marking the highest level in nearly six months.

Market Performance: Bitcoin has demonstrated strong performance recently, with a cumulative gain of nearly 18% in April, driven by the inflow into IBIT and other spot ETFs.

BlackRock's Recent Transfers: BlackRock transferred approximately 12,080 ETH to Coinbase Prime, valued at around $27.94 million, via its Ethereum ETF, ETHA.

Bitcoin Transfer Details: Additionally, BlackRock transferred 113.342 BTC to Coinbase Prime, valued at approximately $8.81 million, through its Bitcoin ETF, IBIT.