BlackRock's iShares Bitcoin Trust (IBIT) recorded its strongest weekly net inflows since early June during the week ending July 29, 2026, as U.S. equities rebounded on tech earnings and crypto risk appetite improved. The world's largest asset manager remains the dominant issuer in the U.S. spot Bitcoin ETF complex.
IBIT Still Leads the Pack
IBIT held the largest share of U.S. spot Bitcoin ETF assets, ahead of Fidelity's FBTC and products from Ark/21Shares, Bitwise, and Invesco. July had earlier seen intermittent outflows as Bitcoin traded sideways near $64,000 and month-end rebalancing weighed on crypto funds. The late-month reversal tracked the Nasdaq rebound after Microsoft and Amazon results.
BlackRock CEO Larry Fink has repeatedly framed Bitcoin as a legitimate portfolio diversifier for institutions that prefer regulated wrappers over self-custody. For product details, see BlackRock.
Tokenisation Still Expanding
Alongside IBIT, BlackRock's BUIDL tokenised U.S. Treasury fund continued to attract qualified investors seeking on-chain yield. The dual track—spot Bitcoin exposure via ETF plus tokenised cash alternatives—cements BlackRock as the most influential traditional finance firm shaping digital-asset infrastructure in 2026.
What Investors Are Watching
Flows into IBIT remain highly sensitive to Bitcoin price momentum, ETF fee competition, and Federal Reserve policy. A sustained equity risk-on tape after July's tech earnings tends to support crypto ETF demand, but outflows can return quickly if BTC fails to reclaim higher ranges.
For Bitcoin market context, see our related coverage on crypto risk sentiment.