At a glance
- The filing follows Calamos, which already has a downside-protected bitcoin ETF product.
- BlackRock's version would attach the protection to IBIT.
- On Monday, IBIT drew $665.2 million of inflows while the spot bitcoin ETF group netted $526.6 million, according to our records.
BlackRock filed a registration statement for the iShares Bitcoin Managed Protect ETF, a fund that would use the firm's $65 billion iShares Bitcoin Trust (IBIT) and offer an unspecified level of downside protection.
The filing follows Calamos, which already has a downside-protected bitcoin ETF product. BlackRock's version would attach the protection to IBIT.
On Monday, IBIT drew $665.2 million of inflows while the spot bitcoin ETF group netted $526.6 million, according to our records. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million that day. For October, the group is about $90.5 million in the red.
IBIT's Monday inflow topped the entire spot bitcoin ETF group
Monday net flows, $ millions
- Above zero
- Below zero
- IBIT (BlackRock)+$665.2M
- All spot bitcoin ETFs, net+$526.6M
- GBTC (Grayscale)−$54.9M
- FBTC (Fidelity)−$83.6M
Show as table
| Item | Value ($M) |
|---|---|
| IBIT (BlackRock) | $665.2M |
| All spot bitcoin ETFs, net | $526.6M |
| GBTC (Grayscale) | −$54.9M |
| FBTC (Fidelity) | −$83.6M |
Reported by the Crypto ETFs & funds desk from Digital Capital Daily reporting and flow records. Published . Corrections