BlackRock’s IBIT Drives $108 Million Net Inflows to US Spot Bitcoin ETFs

US spot Bitcoin exchange-traded funds (ETFs) experienced a positive shift in investor sentiment, with net inflows of $108 million recorded on April 17th. This marked the return of significant buying activity within the crypto investment space, specifically driven by BlackRock’s iShares Bitcoin Trust (IBIT). IBIT accounted for most of this inflow, demonstrating its continued dominance of the U.S. spot Bitcoin ETF market as both institutional and individual investors seek regulated access to Bitcoin.