Inflows into US spot Bitcoin ETFs rose on Thursday, led by BlackRock’s iShares Bitcoin Trust, which shed $269.3 million, its strongest one-day performance in five weeks. The move followed a period of associated volatility geopolitical conflicts and change two straight days coming out of all the fields.
In total, 12 US Bitcoin ETFs recorded $358.1 million in net inflows, which reflects the renewed demand for businesses such as bitcoin trading below its recent highs, due to Father’s side data.
Fidelity Investments’ FBTC posted a second round of $53.3 million in growth. Morgan Stanley recently launched the Bitcoin Trust (MSBT price) brought in $14.9 million on its second day of trading, marking what the bank described as a very strong ETF. The company’s digital product leadership indicated that the product represents the primary means of delivery.
Other donors also participated in the recycling process. Bitwise Asset Management and ARK Invest’s 21Shares fund added $11.7 million and $4.8 million, while Franklin Templeton and VanEck saw nearly $2 million in inflows.
Year to date, BlackRock’s IBIT has attracted $1.5 billion in total inflows, although bitcoin has fallen from its 2026 peak near $97,000 to $72,100. Company managers have said that the investment costs of the funds are skewed towards long-term holders.
US Bitcoin ETFs ended the year 2025 with $56.59 billion in additional inflows and now stand at $56.51 billion, leaving the group about $80 million below the year 2026.
Morgan Stanley launches bitcoin ETF
Earlier this week, Morgan Stanley entered the bitcoin ETF market and the launch of Bitcoin Trust (MSBT), sending initial demand and increasing competition throughout the sector.
The fund posted about $34 million in first-day trading and $30.6 million in total revenue, which Morgan Stanley’s Amy Oldenburg said was “the best first day of trading for all of our ETFs.” The MSBT has 14 fines, reducing several competitive factors and increasing pressure on previously competitive areas.
Despite the debut, US spot bitcoin ETFs saw $94 million in outflows. Fidelity’s FBTC and Ark & 21Shares’ ARKB led the redemptions, while Grayscale’s GBTC also posted losses. BlackRock’s IBIT broke the trend with $40.4 million in inflows.
The move reflects the volatility that occurs among institutional investors amid bitcoin price volatility, with traders taking profits after the stock rises above $70,000.
The entry of Morgan Stanley is seen as a paradigm shift, using its $6 trillion wealth management network and thousands of financial advisors to share crypto information. Analysts say the combination of fees and distribution benefits could change the next phase of competition.
Investments in MSBT will be monitored to see if traditional banks can challenge ETF leaders.
