BTC ETF Flows — BlackRock Leads The Session The latest Bitcoin ETF session closed positive. Daily total net flow: +$132.30M +2.07K BTC Daily trading volume: $7.94B Total net assets: $79.80B Main buyer: BlackRock IBIT: +2.14K BTC Reported outflow: Fidelity FBTC: -65.83 BTC No reported flow: GBTC: 0 BTC ARKB: 0 BTC BITB: 0 BTC BTCO: 0 BTC HODL: 0 BTC BRRR: 0 BTC EZBC: 0 BTC The important part: BlackRock carried the entire session. Without IBIT, the ETF session would have been slightly negative. With BlackRock, the final result turned clearly positive. But this is not broad ETF demand yet. Most issuers reported no activity. Fidelity showed a small outflow. So today’s ETF demand is positive, but concentrated almost entirely in BlackRock. That makes the session constructive, but not aggressive. ETF flows are supporting the market, but this is not the same as a strong multi-issuer accumulation day. What matters now: BlackRock inflows need to continue. Other ETF issuers need to start participating. And ETF demand needs to remain positive while spot and futures flows stabilize. For now, ETF flows are positive, BlackRock is supportive, but the broader institutional structure is still not fully strong. Not financial advice.