Spot Blackrock Bitcoin ETF (IBIT) ended the Commercial Week with the next day of influx, attracting $ 356.2 million on May 9. The fund expanded its street to 19 consecutive days – the longest influx this year.
Ibit inflow streek lasts from April 14 and coincided with the unstable Bitcoin (BTC) market, and in this period assets from 83 152 to USD 103,000.
However, market moods grew after recovery of assets and above the price of USD 90,000 on April 23 before recovering the price of $ 100,000 on May 8 for the first time from February 1.
ETF Bitcoin ticks as Bitcoin prices
Over the past trade week, IBIT has published inflags of $ 1.03 billion, According to to distant data.
Before the current 19-day series, the longest series of IBIT influx in 2025 was a nine-day section surrounding the inauguration of US President Donald Trump on January 20, from January 15 to January 28.
The longest series of IBIT influx since ETF Bitcoin ETFS in January 2024 lasts 104 days, stretching from the date of launch to April 23, 2024.
Streak coincided with Bitcoins reaching the modern highest level of the highest level in history 73 679 USD in March, and then returned to the compartment in the middle of 60,000 USD.
ETF Blackrock’s Bitcoin recently won the award
On April 23, ETF Blackrock Bitcoin was called “Best New ETF” during the annual ETF.com ETF awards. In post X, soon after, the ETF Bloomberg analyst, Eric Balchunas, said that “it seems to me the right one.”
Related: Institutional investors are still collecting bitcoins over $ 100,000
The Head of European BitWise, André Dragos Research, said recently that the expanding Bitcoin institutional adoption may provide “structural” influence necessary to exceed the market capitalization of Gold and exceeding its price above $ 1 million to 2029.
“Our internal forecast is $ 1 million by 2029, so that Bitcoin suits the market capitalization of the Gold and the total addressed market until 2029,” said CointeLgraph during the chain reaction of the daily space of the X Daily x Spaces show April 30.
Warehouse: Adam Back says that the Bitcoin price cycle “10 x larger”, but will still definitely break up above 100,000 USD
