On Thursday, investors contributed $269.3 million to BlackRock’s iShares Bitcoin Trust, marking the ETF's most significant inflow since early March. This influx helped reverse a trend of net outflows in the US spot Bitcoin ETFs, which collectively saw a total net inflow of $358.1 million. The Fidelity Wise Origin Bitcoin Fund followed with $53.3 million, while the newly launched Morgan Stanley Bitcoin Trust added $14.9 million on its second day of trading. BlackRock's iShares Bitcoin Trust has now accumulated $1.5 billion in net inflows this year, despite a broader downturn in the cryptocurrency market, where Bitcoin's price has dropped from a peak of $97,000 to $72,100. Robert Mitchnick, BlackRock's head of digital assets, noted that investors in the iShares Bitcoin Trust tend to be long-term holders. Meanwhile, Morgan Stanley's Amy Oldenburg highlighted that their Bitcoin Trust was the bank's most successful ETF launch to date, with plans for additional products including a staked Ether ETF and a Solana ETF.