A streak of 19 consecutive days of inflows has been recorded by BlackRock’s Bitcoin ETF, marking the longest such inflow period for the global asset manager in 2025.
BlackRock’s spot Bitcoin ETF (IBIT) concluded the trading week with an additional day of inflows, as $356.2 million was recorded on May 9. This brought the fund’s inflow streak to 19 consecutive days, marking its longest sustained run of inflows in 2025 to date.
IBIT’s inflow streak, which began on April 14, has persisted amid a turbulent period for the Bitcoin market, during which the asset’s price fluctuated between $83,152 and $103,000. Market sentiment has shown signs of improvement, particularly after Bitcoin regained and maintained a position above the $90,000 level on April 23, followed by a reclaiming of the $100,000 mark on May 8—the first occurrence since February 1.
Bitcoin ETFs See Steady Inflows Amid Price Surge
According to data provided by Farside, a total of $1.03 billion in inflows was recorded by IBIT over the most recent trading week.
Before the ongoing 19-day streak, IBIT’s longest period of consecutive inflows in 2025 had been a nine-day stretch, which occurred around the inauguration of U.S. President Donald Trump on January 20, extending from January 15 to January 28.
Since the introduction of spot Bitcoin ETFs in January 2024, IBIT’s most extended inflow streak lasted for 104 days, beginning on the launch date and continuing through April 23, 2024.
The streak was accompanied by Bitcoin hitting a new all-time high of $73,679 in March, before experiencing a decline that brought its value back into the mid-$60,000 range.
BlackRock’s Bitcoin ETF Earns Recognition with Recent Award
BlackRock’s spot Bitcoin ETF was awarded the title of “Best New ETF” on April 23 at the annual etf.com ETF Awards. Following the announcement, a post was shared on X by Bloomberg ETF analyst Eric Balchunas, who remarked that the recognition “feels right to me.”
Bitcoin’s growing adoption by institutional investors was recently highlighted by Bitwise’s head of European research, André Dragosch, who stated that such “structural” inflows could enable the cryptocurrency to exceed gold’s market capitalization and potentially drive its price beyond $1 million by the year 2029.
“Our internal forecast projects a $1 million valuation for Bitcoin by 2029, aligning it with gold’s market capitalization and total addressable market by that year,” Dragosch stated during the Chain Reaction daily X Spaces show held on April 30.
