BlackRock Sees Strongest Single-Day Inflow Since Early March
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $269.3 million in net inflows on Thursday, April 10, 2026 — its strongest single-day performance since early March, which coincided with the early escalation of the US-Iran conflict. The figure marks a five-week high for IBIT and helped the broader 12-product US spot Bitcoin ETF category end two consecutive days of net outflows.
Total net inflows across all US spot Bitcoin ETFs reached $358.1 million on Thursday, according to data from Farside Investors. The day’s results are significant given that Bitcoin itself has declined from a 2026 high of $97,000 to around $71,600 at the time of reporting — a roughly 26% retracement from peak — suggesting that institutional demand for regulated Bitcoin exposure is proving resilient even as spot price pulls back.
Who Else Saw Inflows — and How Much
Beyond IBIT, five other Bitcoin ETF products recorded inflows on the day. The Fidelity Wise Origin Bitcoin Fund (FBTC) was the second-largest contributor with $53.3 million. Morgan Stanley’s newly launched Bitcoin Trust (MSBT), in just its second day of trading, added $14.9 million, a notable result for a product that only launched on April 9.
Bitwise’s Bitcoin ETF recorded $11.7 million in inflows, followed by ARK 21Shares at $4.8 million. Franklin Templeton and VanEck’s Bitcoin products each recorded approximately $2 million. No ETFs in the category reported outflows on the day.
IBIT’s 2026 Running Total and the Buy-and-Hold Signal
With Thursday’s inflows included, BlackRock’s IBIT has now accumulated $1.5 billion in net inflows year-to-date in 2026 — despite the broader crypto market correction that has brought Bitcoin down significantly from its January highs. BlackRock’s digital assets head Robert Mitchnick commented in March that IBIT’s investor base has shown a behavioral profile distinct from short-term traders.
“Disproportionately long-term buy and hold investors — even when there’s been strong selling pressure elsewhere in the Bitcoin ecosystem.” — Robert Mitchnick, BlackRock Head of Digital Assets
That buy-and-hold characterization is consistent with the inflow data. IBIT has maintained positive or near-zero flows through a period in which Bitcoin fell more than $25,000 from its 2026 peak, suggesting that its institutional and wealth management investors are not capitulating at the same thresholds as retail spot market participants.
Morgan Stanley’s MSBT: Best ETF Launch in the Bank’s History
The Morgan Stanley Bitcoin Trust’s second-day result of $14.9 million follows its $34 million first-day inflow on April 9 — itself described at the time as placing MSBT in the top 1% of all ETF launches in history. Morgan Stanley’s digital asset head Amy Oldenburg confirmed in a Bloomberg interview on Thursday that the MSBT launch was the institutional bank’s best-performing ETF debut ever.
“This is just the first of a long roadmap of new products on the asset management side.” — Amy Oldenburg, Morgan Stanley Head of Digital Assets
Morgan Stanley has already filed to list a staked Ether ETF and a Solana ETF, signaling that MSBT is intended as the first product in a broader crypto asset management expansion rather than a standalone offering.
Year-to-Date Picture: $80 Million From Clawing Back to Breakeven
The US spot Bitcoin ETF category finished 2025 with $56.59 billion in cumulative net inflows. As of Thursday’s close, the year-to-date 2026 figure stands at $56.51 billion — just $80 million below the end-of-2025 total. A single strong inflow day would push the category back to a net positive position for the year relative to where it started.
The proximity to breakeven, despite a sharp Bitcoin price correction in 2026, reflects the structural shift in how institutional capital accesses Bitcoin. ETF inflows and outflows now function as a more reliable real-time gauge of institutional demand than they did in prior market cycles, when institutional access was fragmented across OTC desks, futures, and early trust products with structural inefficiencies.
