--- title: "BlackRock’s IBIT draws $1 billion as Bitcoin pulls back from $87K" type: "News" locale: "en" url: "https://longbridge.com/en/news/299961156.md" description: "BlackRock’s spot Bitcoin ETF (IBIT) attracted approximately $1.02 billion in net inflows over four consecutive trading sessions, capturing 44% of total US spot Bitcoin ETF flows. This strong demand persisted even as Bitcoin retreated from an intraday high near $87,300 to trade around $84,175. The inflows indicate sustained investor interest in regulated exposure despite short-term profit-taking and price volatility." datetime: "2026-09-24T01:35:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299961156.md) - [en](https://longbridge.com/en/news/299961156.md) - [zh-HK](https://longbridge.com/zh-HK/news/299961156.md) generator: "portal-rs" --- # BlackRock’s IBIT draws $1 billion as Bitcoin pulls back from $87K BlackRock’s spot Bitcoin exchange-traded fund saw over **$1 billion** in four consecutive trading sessions as investors continued to get exposure to Bitcoin through the ETF. The inflows continued even as Bitcoin later fell from above the **$87,000** price level, which suggests that demand through regulated funds remains strong despite the short-term profit-taking that was seen. ## **IBIT captures almost half of Bitcoin ETF inflows** Farside Investors shared that between **September 17 and 22**, the BlackRock spot Bitcoin Trust, IBIT, witnessed approximately **$1.02 billion** in net inflows. On **September 17,** the fund gained **$183.7 million,** and on the day following, another **$108.4 million**. In addition to this, investors added **$381.4 million and $350.3 million** to the fund on **September 21& 22,** respectively. In total, US spot Bitcoin ETFs attracted **$2.31 billion** in the four sessions of inflows, with IBIT **44%** of the flow ​What this means is that investors put money into the fund to have exposure to Bitcoin without holding BTC directly, not that BlackRock spent **$1 billion**. The inflows also show that IBIT is preferred by those who want to participate in the market. remains a preferred route into the market. ## **Bitcoin retreats despite continued demand** The ETF buying came when Bitcoin was seeing a strong rally, but the chart, as of this writing, showed that the rally has cooled down. The world’s largest crypto reached an intraday high near the **$87,283** price level before falling to just over **$84,175**. This left it trading with a loss of **2.35%** on the day. This does not erase its overall rebound, and it is still staying above the main averages while the nearest serious support is down at about **$80,000**. Source: TradingView That level was previously a barrier before Bitcoin moved higher. If it holds above it, the recent breakout will be left intact, and this could allow buyers another opportunity to challenge the **$87,300** price area. If it is able to move through that level successfully, it would bring the **$90,000** price level into view. That being said, if Bitcoin dips down to this level, below 80k, the structure is weakening a bit. Bitcoin could head back to the region where demand picked up last time, between **75k-$76k**. * * * ## **Final Summary** - IBIT saw combined inflows of about $1.02 billion over the last four trading days. - Bitcoin is sitting above $80,000, having started to fade since touching intraday highs near $87,300. * * * ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [Hyperscale Data plans Patriot BTC unit to house bitcoin mining assets in reorganization](https://longbridge.com/en/news/299745910.md) - [Better Buy Right Now: Bitcoin vs. Dogecoin](https://longbridge.com/en/news/299617894.md) - [White hats outrun Coldcard hackers in 52-Bitcoin evacuation](https://longbridge.com/en/news/299739930.md) - [Zest Protocol launches Bitcoin Collateral Vaults Mainnet demo — Details](https://longbridge.com/en/news/299880945.md) - [Stacks launches first institutional Bitcoin bond with staking program](https://longbridge.com/en/news/299529063.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**