Pakinomist – Institutional players in the cryptocurrency market are busy as the price of (BTC) rises in an attempt to hit $103,000. In particular, leading asset manager BlackRock (NYSE: ) has registered massive interest, with over half a billion drawn into its ETF product as of daily inflows.
Record inflows for BlackRock Bitcoin ETF
Farside Investor’s data reveals that BlackRock led the market for exchange-traded funds (ETFs) with $527.9 million. This is the second-biggest inflow for BlackRock in 2025, after it recorded $596.1 million on Jan. 7.
The asset manager, whose ETF started the year on shaky ground with outflows 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 in the BlackRock Bitcoin ETF may indicate a resurgence of interest from institutional players. Analysts believe that these players may have decided to increase their position ahead of the new administration in the US
In particular, a new administration will be inaugurated on Monday, January 20, and many crypto stakeholders expect a favorable shift in the rules. Prices could rise significantly if the new president signs an executive order favoring crypto, as many speculate.
Broader Bitcoin ETF Market Inflow
Meanwhile, apart from BlackRock, another asset manager that recorded massive inflows was Ark 21Shares’ ARKB.
Ark had $155.4 million in inflows to complement BlackRock’s approach. Others with inflows were Fidelity Investments 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. A 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. Overall, the ETF market has now recorded two consecutive inflows, and if the momentum holds, it could end the week on a high to mark another three days of inflows in a row.
