Key Takeaways
- • BlackRock's iShares Bitcoin Trust (IBIT) recorded $269.3 million in inflows on Thursday, marking its strongest single day in five weeks and reversing two consecutive days of net outflows across US spot Bitcoin ETFs.
- • The aggregate inflow across all 12 US spot Bitcoin ETFs totaled $358.1 million on the day, with Fidelity's FBTC capturing $53.3 million in second-place inflows and Morgan Stanley's newly launched MSBT adding $14.9 million on its second trading day.
- • BlackRock's IBIT has accumulated $1.5 billion in net inflows year-to-date despite Bitcoin's 26% pullback from its 2026 high of $97,000 to $72,100, reflecting sustained institutional demand from long-term buy-and-hold investors according to BlackRock digital assets head Robert Mitchnick.
- • Morgan Stanley's MSBT launch represents the firm's best-performing ETF debut ever, with digital assets head Amy Oldenburg signaling an expanded institutional product roadmap including planned staked Ether and Solana ETF filings.
Summary
BlackRock's flagship Bitcoin ETF demonstrated resilience on Thursday, April 10, 2026, attracting $269.3 million in investor inflows—its strongest performance in five weeks. The inflow surge helped reverse negative momentum in the broader spot Bitcoin ETF market, which had experienced two consecutive days of net outflows. Across the 12 US spot Bitcoin ETFs tracked by Farside Investors, the day generated aggregate inflows of $358.1 million, signaling renewed institutional and retail appetite for Bitcoin exposure despite ongoing market volatility.
The capital distribution across major Bitcoin ETF providers reflects continued market leadership by established players. Fidelity's Wise Origin Bitcoin Fund (FBTC) captured the second-largest share at $53.3 million, while Morgan Stanley's recently launched Bitcoin Trust (MSBT) recorded $14.9 million on only its second day of trading. Bitwise and ARK 21Shares Bitcoin ETFs added $11.7 million and $4.8 million respectively, with Franklin Templeton and VanEck products accounting for approximately $2 million combined.
BlackRock's IBIT has proven exceptionally durable, accumulating $1.5 billion in net inflows since the start of 2026 despite a significant cryptocurrency market correction. Bitcoin's price has retreated 26% from its 2026 peak of $97,000 to $72,100 at the time of reporting. Robert Mitchnick, BlackRock's digital assets head, attributed this resilience to the fund's investor base being "disproportionately long-term buy and hold" investors who maintain conviction through periods of selling pressure elsewhere in the crypto ecosystem.
Morgan Stanley's entry into the Bitcoin ETF space represents a significant institutional validation moment. Amy Oldenburg, Morgan Stanley's digital assets head, characterized MSBT as the firm's best-performing ETF launch to date, describing it as "the first of a long roadmap of new products on the asset management side." Morgan Stanley has already filed applications to launch staked Ether (ETH) and Solana (SOL) ETFs, signaling institutional banks' accelerating commitment to cryptocurrency asset classes and their derivatives.
The capital distribution across major Bitcoin ETF providers reflects continued market leadership by established players. Fidelity's Wise Origin Bitcoin Fund (FBTC) captured the second-largest share at $53.3 million, while Morgan Stanley's recently launched Bitcoin Trust (MSBT) recorded $14.9 million on only its second day of trading. Bitwise and ARK 21Shares Bitcoin ETFs added $11.7 million and $4.8 million respectively, with Franklin Templeton and VanEck products accounting for approximately $2 million combined.
BlackRock's IBIT has proven exceptionally durable, accumulating $1.5 billion in net inflows since the start of 2026 despite a significant cryptocurrency market correction. Bitcoin's price has retreated 26% from its 2026 peak of $97,000 to $72,100 at the time of reporting. Robert Mitchnick, BlackRock's digital assets head, attributed this resilience to the fund's investor base being "disproportionately long-term buy and hold" investors who maintain conviction through periods of selling pressure elsewhere in the crypto ecosystem.
Morgan Stanley's entry into the Bitcoin ETF space represents a significant institutional validation moment. Amy Oldenburg, Morgan Stanley's digital assets head, characterized MSBT as the firm's best-performing ETF launch to date, describing it as "the first of a long roadmap of new products on the asset management side." Morgan Stanley has already filed applications to launch staked Ether (ETH) and Solana (SOL) ETFs, signaling institutional banks' accelerating commitment to cryptocurrency asset classes and their derivatives.
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