BlackRocks Bitcoin ETF posts $356M inflows, longest inflow streak in 2025
BlackRocks Bitcoin ETF has now posted 19 days of consecutive inflows, the longest inflow streak for the worlds asset manager this year.
BlackRocks spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days its longest run of inflows so far this year.
IBITs inflow streak has been ongoing since April 14, and has coincided with a volatile Bitcoin (BTC) market, with the asset trading between $83,152 and $103,000 over the period. However, market sentiment has been increasing after the asset reclaimed and held above the $90,000 price on April 23 before reclaiming the $100,000 price on May 8 for the first time since Feb. 1.
Over the past trading week alone, IBIT posted $1.03 billion in inflows, according to Farside data.
The post BlackRocks Bitcoin ETF posts $356M inflows, longest inflow streak in 2025 first appeared on CurrencyCrypt.
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Text source: CurrencyCrypt
