BlackRock's Bitcoin Spot ETF IBIT Extends Net Inflow Streak to 69 Days
Crypto News Terminal22 Apr, 2024
BlackRock's Bitcoin Spot ETF IBIT Extends Net Inflow Streak to 69 Days
Expert analyst Eric Balchunas reports that BlackRock's Bitcoin spot ETF, IBIT, has maintained a remarkable 69-day run of net inflows. It's the 11th longest streak in U.S. ETF history. Balchunas notes it only takes one more day of inflows to tie JETS for the 10th-longest streak. Countering sentiments around "Spot Bitcoin ETFs are dead", he insists IBIT's inflows persist. Previously on 22 April 2024, BlackRock's IBIT ETF achieved a 69-day run of net inflows, denoted as the 11th longest in U.S. ETF history.