PK Press Club – Institutional players in the cryptocurrency market are busy as the price of (BTC) soars with a goal of reaching $103,000. Notably, leading asset manager BlackRock (NYSE:) saw massive interest, with over half a billion raised by its ETF product, per daily entry.
Record inflow for the BlackRock Bitcoin ETF
Data from Farside Investors reveals that BlackRock leads the exchange-traded fund (ETF) market with $527.9 million. This is the second largest inflow for BlackRock in 2025, after recording $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 straight days of inflows. However, BlackRock has lacked consistency and volume so far this month.
The renewed attention to the BlackRock Bitcoin ETF could indicate renewed interest from institutional players. Analysts believe that these players could have decided to increase their position before the new US administration.
Notably, a new administration will be inaugurated on Monday January 20 and many crypto players anticipate favorable regulatory developments. Prices could skyrocket if the new president signs an executive order favoring crypto, as many are speculating.
Wider Influx of Bitcoin ETF Market
Meanwhile, besides BlackRock, another asset manager that saw massive inflows was Ark 21Shares’ ARKB.
Ark recorded $155.4 million in revenues to complement those of BlackRock. Other capital inflows 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 saw no 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. The ETF market has now seen two consecutive inflows in total, and if momentum continues, it could close the week on a high, marking three more consecutive days of inflows.
