BlackRock’s spot Bitcoin ETF (IBIT) just posted its 19th straight day of inflows, hitting a record streak for 2025. On May 9, the fund saw $356.2M in a single-day inflow, capping a volatile week where BTC ranged between $83K and $103K.
Total inflows over the past week? $1.03B, according to Farside data.
Notably, this streak started on April 14, right before BTC reclaimed $100K on May 8 — its first time above that mark since early February.
IBIT also received the “Best New ETF” award from ETF.com on April 23, a nod to its growing impact in the market.
Some analysts believe this trend could drive BTC toward $1M by 2029, as institutional capital begins to mirror gold-level adoption.
What’s your take — is $1M BTC still a dream or becoming reality?
