BlackRock’s Bitcoin ETF Hits $356M Inflows, Sets Longest 2025 Streak at 19 Days

BlackRock’s IBIT ETF Extends Record Inflow Streak to 19 Days With $356M Boost

BlackRock's flagship spot Bitcoin ETF (IBIT) continues to attract institutional capital, recording $356.2 million in inflows on May 9, marking the 19th consecutive day of net inflows. This is the longest inflow streak of the year for the world’s largest asset manager, solidifying IBIT’s position as a major gateway for institutional Bitcoin exposure.

The streak began on April 14, coinciding with a notable price rebound in Bitcoin. Since then, BTC has traded between $83,152 and $103,000, regaining upward momentum and staying firmly above $100,000 as of May 8—the first time since Feb. 1.

Approximately $41.13 billion has flown into the spot Bitcoin ETFs since their launch in January 2024. Source: Farside

📊 Weekly total inflows: $1.03 billion, per Farside data.

ETF Momentum Builds as BTC Price Breaks Above $100K

IBIT’s inflow activity has intensified during periods of Bitcoin volatility and bullish sentiment. The recent week-long rally adds further weight to growing institutional conviction in Bitcoin as a long-term asset class.

Before this current run, IBIT’s previous 2025 inflow record was a 9-day streak in January, around the time of President Trump’s second inauguration. The ETF’s longest streak ever remains the 104-day run from its January 2024 launch through April 23, 2024—a period that also saw Bitcoin hit its all-time high of $73,679 in March 2024.

Recognition and Predictions: Bitcoin ETF Growth Fuels $1M BTC Outlook

BlackRock’s ETF is not only gaining capital, but also accolades. On April 23, IBIT was named “Best New ETF” at the etf.com Awards, with Bloomberg analyst Eric Balchunas commenting that the title “feels right.”

Meanwhile, Bitwise executive André Dragosch projected that Bitcoin could match gold’s market cap and reach $1 million by 2029, citing these “structural” inflows from ETFs as key catalysts.

“Our in-house prediction is $1 million by 2029,” Dragosch said during a Chain Reaction X Space on April 30.