- Bitcoin surged past $100,000 as BlackRock’s Bitcoin ETF achieved a record-breaking 19-day inflow streak, amassing $356.2 million.
- This marks the longest inflow streak for BlackRock in 2025, highlighting strong institutional interest.
Bitcoin ETF Milestone: BlackRock’s Bitcoin ETF Reaches New Heights
BlackRock’s Bitcoin ETF (IBIT) has made headlines with an impressive 19-day streak of consecutive inflows, marking the longest inflow streak for the asset manager in 2025. As of May 9, the fund recorded $356.2 million in inflows, bringing the total inflows for the past trading week to an astonishing $1.03 billion, according to Farside data.
Steady Inflows Amidst Bitcoin’s Price Volatility
The remarkable inflow streak, which began on April 14, has persisted despite significant volatility in the BTC market. Over this period, Bitcoin’s price has fluctuated between $83,152 and $103,000. Notably, on April 23, BTC surged past the $90,000 mark and later reclaimed $100,000 on May 8, further boosting investor sentiment.
Comparing Inflow Records
This 19-day streak has surpassed IBIT’s previous longest streak of nine days in 2025, which occurred around the time of US President Donald Trump’s inauguration. Looking further back, the fund’s longest streak since its launch in January 2024 was an impressive 104 days, coinciding with Bitcoin’s climb to an all-time high of $73,679 in March 2024.
What’s Driving the Demand?
BlackRock’s spot BTC ETF has continued to capture investor attention due to its accessibility and strong performance. The ETF has also earned recognition, recently being named the “Best New ETF” at the annual etf.com ETF awards on April 23. Such accolades further solidify its reputation among investors.
A Glimpse at the Future
As institutional interest in Bitcoin continues to grow, experts like Bitwise’s André Dragosch predict that Bitcoin’s expanding adoption could help it surpass gold’s market capitalization and potentially reach $1 million by 2029. This ongoing demand for BTC ETFs, led by BlackRock, may signal a broader trend in the cryptocurrency market’s maturation.
With its record-breaking streak and growing investor interest, BlackRock’s Bitcoin ETF stands as a significant force in the evolving crypto investment landscape.
