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Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days

Reported by News
Jun 5, 2026· 2 min read
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Key Takeaways
  • • BlackRock's iShares Bitcoin Mini Trust (IBIT) pulled in $47.66 million on June 4, 2026, ending Bitcoin ETF outflows that had persisted for 13 consecutive trading days and signaling a shift in institutional investor sentiment.
  • • Bitcoin ETFs recorded a net inflow of $3.05 million on June 4, despite continued outflows from competing funds including Ark & 21Shares' ARKB ($20.72M exit) and Bitwise's BITB ($15.57M exit), indicating uneven but constructive market recovery.
  • • Ether ETFs delivered stronger momentum with $19.30 million in net inflows entirely through BlackRock's ETHA, breaking a 17-day outflow streak and marking the category's first positive session in more than three weeks.
  • • Broader crypto ETF ecosystem showed mixed recovery: HYPE ETFs extended an inflow streak to 16 consecutive days with $12 million in fresh capital, while XRP-focused funds added $3.8 million and Solana saw only minor exits.
  • • Total crypto ETF assets under management declined to $80.40 billion despite positive flows, reflecting the cumulative impact of the prolonged outflow period that preceded the June 4 reversal.
Summary
After nearly three weeks of sustained selling pressure, crypto-focused exchange-traded funds recorded their first positive trading session on June 4, 2026, as both Bitcoin and Ether funds reversed extended outflow streaks. The reversal was driven by institutional capital returning to the largest crypto asset class vehicles, with BlackRock's flagship products leading the recovery.

Bitcoin ETFs aggregated $3.05 million in net inflows, ending a 13-day losing streak. BlackRock's IBIT contributed $47.66 million, while Morgan Stanley's MSBT added $9.87 million to the category's recovery. However, the bounce was not universal across all Bitcoin ETF providers. Ark & 21Shares' ARKB experienced significant outflows of $20.72 million, Bitwise's BITB declined by $15.57 million, Invesco's BTCO posted a $12.65 million exit, and Fidelity's FBTC shed $5.54 million. These divergent flows suggest that while institutional capital is returning to the sector, investor preference remains concentrated in the largest and most liquid vehicles, particularly BlackRock's dominant position in the space.

Ether ETFs demonstrated more decisive recovery with $19.30 million in net inflows, entirely attributable to BlackRock's ETHA product, which ended a 17-day outflow streak. This represents the category's first positive session in more than three weeks and underscores BlackRock's institutional distribution advantage across multiple crypto asset classes.

Beyond Bitcoin and Ether, alternative crypto ETFs maintained momentum. HYPE ETFs, which track diversified crypto exposure, extended their winning streak to 16 consecutive days with $12 million in fresh inflows. XRP-focused funds returned to positive territory with $3.8 million in inflows, while Solana experienced only minor outflows. Total trading volume in Bitcoin ETFs reached $3.55 billion on the day, though aggregate assets under management in the Bitcoin ETF category declined to $80.40 billion, reflecting the cumulative impact of the prior 13-day selloff period.

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News Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days