BlackRock’s flagship Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), has experienced a streak of positive inflows for the past 18 days. A recent influx of $69 million on Thursday propelled IBIT’s net assets to nearly $63 billion, highlighting ongoing investor confidence in Bitcoin. This positive trend is reflected across the broader Bitcoin ETF landscape, with an overall inflow of $117 million. Notably, Grayscale’s GBTC product faced outflows of $23 million. Meanwhile, Bitcoin itself continues its upward trajectory, nearing a new record high as it inches closer to a potential breakthrough. Currently trading at $103,633 on the Bitstamp exchange, the cryptocurrency is poised to challenge its previous all-time high within a tight margin of less than 5%. Remember that Bitcoin’s peak price of nearly $109,000 was recorded in late January.