PakGazette – Institutional players in the cryptocurrency market are busy as the price of (BTC) soars in an attempt to reach $103,000. In particular, leading asset manager BlackRock (NYSE:) has seen massive interest, with over 500 million raised for its ETF product, per daily inflows.
Record inflows for BlackRock Bitcoin ETF
Data from Farside Investors reveals that BlackRock led the exchange-traded fund (ETF) market with $527.9 million. This is the second largest entry for BlackRock in 2025 after it recorded $596.1 million on January 7.
The asset manager, whose ETF began the year on shaky ground with an outflow of $332.6 million on Jan. 2, quickly recovered with three consecutive days of inflows. However, BlackRock has lacked consistency and volume so far this month.
The renewed attention on the BlackRock Bitcoin ETF could signal a revival of interest from institutional players. Analysts believe that these actors could have decided to increase their position before the new administration in the US.
Notably, a new administration will be inaugurated on Monday, January 20, and many cryptocurrency stakeholders anticipate a favorable change in regulations. Prices could skyrocket significantly if the new president signs an executive order favoring cryptocurrencies, as many speculate.
Broader entry into the Bitcoin ETF market
Meanwhile, apart from BlackRock, another asset manager that saw massive inflows was Ark 21Shares’ ARKB.
Ark received $155.4 million in inflows to complement BlackRock’s inflows. Others with entries were Fidelity Investment’s FBTC, Bitwise’s BITB and VanEck’s HODL, with $4.4 million, $2.7 million and $5.7 million respectively.
All other asset managers recorded zero inflows except Grayscale’s GBTC. One day after recording inflows, GBTC suffered an outflow of $70 million.
This left the Bitcoin ETF market with a cumulative inflow of $626.1 million. The ETF market has recorded two consecutive inflows overall and if the momentum continues, it could close the week at highs and mark another three consecutive days of inflows.
