BlackRock's Bitcoin ETF On Track For Record Inflow Streak

BlackRock's Bitcoin ETF On Track For Record Inflow Streak


The world's largest asset manager, BlackRock, has registered 70 straight days of inflows for its spot Bitcoin exchange-traded fund, IBIT.

The ETF's 70 consecutive days of net inflows ranks it in the top 10 among exchanged-traded funds with the longest daily streaks.

The Bitcoin ETF market has witnessed a notable inflow streak, with BlackRock's iShares Bitcoin Trust ETF (IBIT) leading the race. Since gaining approval from the US Securities and Exchange Commission (SEC) on January 10, the ETF market has experienced over three months of trading.

BlackRock's iShares Bitcoin Trust (IBIT) stands out among other spot Bitcoin exchange-traded funds (ETFs). It nears a remarkable 70 consecutive days of investment inflows.

BlackRock's Bitcoin ETF, IBIT, is on the verge of a significant milestone, with its inflow streak reaching an impressive 69 days. This achievement places IBIT on the cusp of entering the prestigious top 10 list for the Longest Daily Inflows Streak among ETFs, currently tied with JETS, the U.S. Global Jets ETF.

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