Bitcoin's Low Volatility Drives BlackRock's IBIT to 31 Consecutive Days of Inflows, Asset Size Surges to Approximately $72 Billion
Recently, BlackRock's iShares Bitcoin Trust (IBIT) has seen continued net inflows, once again becoming a market focus. This ETF has attracted stable capital inflows for more than a month, showing institutional interest in Bitcoin is still strong.
According to data from SoSoValue, since April 14, IBIT has not experienced net outflows for 31 consecutive trading days, with the only exception on May 13, but the capital flow on that day remained steady. Meanwhile, IBIT has gained over $9.3 billion in net inflows during this period, boosting its assets under management to approximately $72 billion.
Market observers point out that the decline in market volatility and the shift in market sentiment are key factors contributing to IBIT's popularity.
Nate Geraci, president of ETF Store, stated that based on year-to-date inflow volume, IBIT has ranked among the top five ETFs out of over 4,200 funds listed in the United States.
Bloomberg ETF strategist Eric Balchunas analyzed that IBIT's 90-day rolling volatility has dropped to a historic low. This trend, combined with the steady rise in Bitcoin prices and reduced volatility, is attracting more large-scale asset allocators to participate.
Additionally, Balchunas emphasized that in recent weeks, IBIT's inflow volume has significantly exceeded that of other crypto-related ETFs, making it the preferred choice for institutions seeking to invest in Bitcoin in a relatively low-risk environment.
Investment manager Mike Shell further stated that IBIT is gradually behaving like an institutional asset rather than a traditional speculative crypto game, which is what allocators expect when pursuing low correlation and stability.
In summary, Bitcoin is increasingly seen as a digital store of value, much like gold, rather than a high-volatility speculative tech stock.
As market recognition of Bitcoin increases and IBIT continues to see inflows, it indicates that institutional investors' confidence in Bitcoin as an asset class is steadily growing.
