BlackRock’s Bitcoin ETF Boasts Massive Institutional Inflows

Bitcoin’s latest surge has been fueled by a wave of institutional investment. BlackRock’s spot Bitcoin ETF, IBIT, is at the heart of this trend, experiencing consistent inflows that have surpassed $3.86 billion in just two weeks. This achievement positions IBIT as a top performer among nearly 4,200 listed ETFs across diverse asset classes like stocks and bonds. Nate Geraci, president of The ETF Store, explains that this steady influx represents sustained demand for Bitcoin within a regulated environment. Over the past 30 trading days, IBIT has seen inflows in all but one session, highlighting its position as a major player in the ETF market.