
In short
- BlackRock’s iShares Bitcoin Trust (IBIT) recorded inflows of $287.4 million on Friday, the largest in a single day since early October.
- Bitcoin ETFs collectively raked in $471.3 million on Friday, marking the highest total inflows since mid-November.
- Bitcoin is trading at $92,670 amid broader institutional interest, according to CoinGecko data.
BlackRock’s spot Bitcoin ETF generated its biggest single-day inflow in nearly three months on Friday as investors piled into crypto-linked funds.
Increased geopolitical tensions following the US capture of Venezuelan President Nicolás Maduro have also helped propel the assets to a fourth straight daily win streak.
On Friday, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $287.4 million in inflows, its largest daily return since October 8, 2024, according to Farside Investors facts.
The peak comes when digest markets the Trump administration’s controversial military operation to capture Venezuelan President Nicolás Maduro this weekend, sending oil futures prices to a four-year low while crypto markets held steady.
“The US capture of Maduro signals a significant increase in volatility,” said Sean Dawson, head of research at on-chain options platform Derive. Declutter. “The Trump administration’s disregard for geopolitical norms shows that the president is willing to go to any lengths to promote his ‘America First’ policies.”
“Given the Trump family’s personal investments, along with their political allies, in crypto, the recent military operation is bullish because it shows that the administration views digital assets as strategically aligned with U.S. interests,” Dawson added.
“The uptick in Bitcoin ETF flows is therefore not surprising,” Dawson said, as investors increasingly value an expansive “America First” policy outlook, characterized by geopolitical assertiveness, policy uncertainty and a regulatory environment that favors crypto as “both a strategic asset and a macro hedge.”
American place Bitcoin ETFs recorded total inflows of $471.3 million on Friday, the highest combined daily total since mid-November, offsetting earlier outflows and bringing weekly net inflows to $459 million.
“Portfolio rebalancing at the start of the year is likely a factor; Bitcoin underperformed other assets in the fourth quarter of 2025 and as a result drifted below its target weight, causing the rebalancing to trigger inflows at the start of the year,” Pratik Kala, head of research at Apollo Crypto, told me. Declutter.
Kala also mentioned “the harvesting of tax losses in the fourth quarter has turned into maintaining a long bias in the first quarter of 2026,” while emphasizing that “Maduro’s conquest by force solidifies the use case for Bitcoin.”
“An uncensorable decentralized store of value that is increasingly needed in a polarizing world with a rapidly changing global order,” he added.
The momentum of Bitcoin ETF inflows spread as Fidelity’s FBTC gained $88.1 million, Bitwise’s BITB added $41.5 million and Grayscale’s GBTC attracted $15.4 million.
Bitcoin last traded at $92,670, up 1.4% in the past 24 hours.
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