BlackRock adds over $100m in Bitcoin as BTC hits $71k

Cryptocurrency Mar 10, 2026

BlackRock’s iShares Bitcoin Trust ETF (IBIT) opened this week on Monday with a net cash inflow as Bitcoin (BTC) price rebounded above $71,000 on Tuesday, March 10.

The IBIT, which has more than $53.2 billion in net assets under management (AUM), recorded a net cash inflow of about $109.31 million on Monday. As such, the IBIT has now reached a cumulative net inflow of over $62.58 billion at press time.

BlackRock’s IBIT 7D performance. Source: SoSoValue

The renewed demand for BTC by BlackRock, which has more than $11 trillion in AUM, helped the flagship coin rally 3.61% in the last 24 hours to trade about $71,410 at the time of this publication.

BlackRock dominates spot Bitcoin net inflows

BlackRock’s IBIT heavily dominated the net cash inflows of spot BTC Exchange-Traded Funds (ETFs) on Monday, based on data from SoSoValue. The net cash inflow to the U.S. spot BTC ETFs was about $167.03 million, whereby Fidelity’s FBTC posted around $60.09 million on Monday.

U.S. spot BTC ETF Daily Cash inflows. Source: SoSoValue

As such, the total net assets of the U.S. spot BTC ETFs surged to $88.34 billion.

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