BlackRock's IBIT logs $22.4 million net inflow on October 9, Farside data shows

A choppy October for IBIT

Crypto Briefing put the October 9 figure at $22.38 million, while the Farside Investors data it cites shows $22.4 million. It's a small number next to the days around it.

On October 7, IBIT saw a $207.7 million outflow, per the same Farside data. Earlier in the month, the fund pulled in $195.6 million within the first week of October (also per Farside's figures, as reported by Crypto Briefing), so the flows haven't run in one direction.

The swings have been big both ways.

The pattern isn't unique to BlackRock. Crypto Briefing described broader US spot Bitcoin ETF flows as mixed in early October 2026: IBIT often led inflows on positive days, while the category as a whole had periods of net outflows. Bitcoin's price has recently traded in a range between $78,700 and $85,000, according to the outlet.

What IBIT is

IBIT is BlackRock's flagship US spot Bitcoin ETF. A spot ETF holds the actual asset (not futures contracts), so each share is backed by real Bitcoin. Custody of IBIT's holdings sits with Coinbase Prime, the institutional arm of the US exchange Coinbase.

Crypto Briefing reports that IBIT is the largest US spot Bitcoin ETF by assets under management and leads the category in cumulative flows, with total inflows since launch above $65 billion. Against that base, a $22.4 million day doesn't move the totals much.

In-kind conversions

In July 2026, BlackRock cut the minimum threshold for in-kind Bitcoin-to-IBIT conversions from $25 million to $1 million, according to Crypto Briefing. The outlet said the program has processed more than $5 billion in such swaps.

That's the structural backdrop. Daily flow figures, like the ones Farside publishes, show how money is moving in and out of the fund on a given day; they don't tell you much on their own about where the next week's flows will land.