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BlackRock’s Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows.
As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset, in this case spot Bitcoin. IBIT has yet to see a day of outflows, in which its holdings have declined.
This milestone comes after a series of US Spot Bitcoin ETF approvals earlier this year, which have proven to be hugely successful.
Since their launch, US Bitcoin ETFs have crossed an impressive $200 billion in total cumulative volume, demonstrating the high demand for Bitcoin among…
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