BlackRock’s iShares Bitcoin Trust (IBIT) has achieved a significant milestone, recording 19 consecutive days of net inflows totaling $356.2 million as of May 9, 2025. This marks the longest inflow streak for any spot Bitcoin ETF this year, underscoring growing institutional interest in cryptocurrency investment vehicles.
Launched in early 2024, IBIT has rapidly become a leading choice for investors seeking exposure to Bitcoin through traditional financial markets. The ETF has attracted nearly $7 billion in net inflows year-to-date, surpassing the SPDR Gold Trust (GLD), which has seen $6.5 billion in inflows during the same period .
The recent surge in IBIT’s inflows coincides with Bitcoin’s price recovery. After fluctuating between $83,152 and $103,000 since mid-April, Bitcoin reclaimed the $100,000 mark on May 8, 2025, for the first time since February 1. This price movement has likely contributed to increased investor confidence and subsequent inflows into the ETF.
Institutional investors have been key drivers of IBIT’s growth. Notably, Goldman Sachs increased its holdings in the ETF by 28%, reflecting a broader trend of traditional financial institutions embracing cryptocurrency assets.
IBIT’s performance has not gone unnoticed in the investment community. On April 23, 2025, the ETF was named “Best New ETF” at the annual ETF.com awards, highlighting its impact and popularity among investors.
The ETF’s success also reflects a shift in investor preference from traditional assets like gold to digital assets. Despite gold’s strong performance in 2025, with a year-to-date growth of over 30%, Bitcoin ETFs have attracted more substantial inflows, indicating a growing confidence in the long-term potential of cryptocurrencies.
As of May 9, 2025, IBIT holds over 625,000 Bitcoins in its treasury, valued at approximately $64.8 billion, solidifying its position as a major player in the cryptocurrency investment space.
The sustained inflows into IBIT suggest a continued institutional appetite for Bitcoin exposure through regulated investment vehicles. This trend may influence the broader cryptocurrency market, potentially impacting Bitcoin’s price and volatility in the coming months.
Investors and market observers will be closely monitoring IBIT’s performance and its influence on the cryptocurrency landscape as the ETF continues to attract significant capital inflows.
