BlackRock's IBIT Records 18 Days of Consecuite Inflows

05/09/2025 14:33
BlackRock's IBIT Records 18 Days of Consecuite Inflows

BlackRock's flagship iShares Bitcoin Trust ETF (IBIT)

BlackRock's flagship iShares Bitcoin Trust ETF (IBIT) has now had 18 consecutive days of positive flows. 

The product saw $69 million worth of inflows on Thursday. IBIT's net assets are now approaching a whopping $63 billion. 

Overall, Bitcoin ETFs were in the green with $117 million worth of inflows. 

Grayscale's GBTC is the only product in the red with $23 million in outflows. 

Meanwhile, the Bitcoin price is now inching closer to a new record high, currently trading at $103,633 on the Bitstamp exchange. 

Notably, the leading cryptocurrency is now less than 5% from setting a new record high. Bitcoin's current lifetime price peak of nearly $109,000 was achieved in late January. 

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