BlackRock’s IBIT Sees 19-Day Inflow Streak, Adds $356M on May 9

BlackRock’s spot Bitcoin ETF (IBIT) pulled in $356.2 million on May 9, extending its 2025-best 19-day streak of consecutive inflows. Over the past week alone, IBIT recorded $1.03 billion in net inflows, according to Farside data.

This streak began on April 14 amid volatile Bitcoin price action, with the asset trading between $83,152 and over $103,000. Sentiment has improved since BTC reclaimed $90,000 on April 23, and later broke above $100,000 again on May 8.

The current run surpasses a 9-day inflow streak around President Donald Trump’s inauguration in January. Since the launch of spot Bitcoin ETFs in early 2024, total inflows have reached over $41.13 billion.

Previously, IBIT recorded a 104-day inflow streak from launch until April 23, 2024, during which Bitcoin hit an all-time high of $73,679 in March.

IBIT was recently named “Best New ETF” at the annual etf.com awards. Bitwise’s head of research recently predicted Bitcoin could hit $1 million by 2029, overtaking gold’s market cap as institutional adoption grows.