BlackRock’s (IBIT) Bitcoin ETF Extends Its Inflow Streak to 19 Consecutive Days

The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year.

BlackRock’s flagship spot Bitcoin (BTC) ETF (IBIT) capped off the trading week with another day of inflows, extending its run of inflows to 19 consecutive days.

According to the latest data from Factor investing, IBIT posted another day of inflows on May 9, pulling in an additional $356.2 million in net inflows.

The fund’s latest round of inflows began on April 14 and has seen the market react to the threat of US default and the asset trade between $83,152 and $103,000.

However, market sentiment has been increasingly bullish after the asset reclaimed and held above the $90,000 price on April 23 before reclaiming the $100,000 price on May 8 for the first time since Feb. 1.

Bitcoin ETFs ticking along as Bitcoin price spikes

Over the past trading week alone, IBIT posted $1.03 billion in outflows, according to Farside data.

Prior to the current 19-day streak, IBIT’s longest inflow streak in 2025 was a nine-day stretch surrounding US President Donald Trump’s inauguration on Jan. 20, spanning from Jan. 15 to Jan. 28.

IBIT’s longest inflow streak since the spot Bitcoin ETFs launched in January 2024 lasted 104 days, stretching from the launch date through April 23, 2024.

The streak coincided with Bitcoin reaching a new all-time high of $73,679 in March before pulling back into the mid-$60,000 range.

BlackRock’s Bitcoin ETF recently won an award

On April 23, BlackRock’s spot Bitcoin ETF was named the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.”

Related: Institutional investors continue to scoop up Bitcoin above $100K

Bitwise’s head of European research, André Dragosch, recently said Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029.

“Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold's market cap and total addressable market by 2029,” he told Cointelegraph during the Chain Reaction daily X spaces show on April 30.