BlackRock’s iShares Bitcoin ETF Posts 18-Day Inflow Streak, Surpasses Gold ETF With Nearly $5 Billion

By: defi news|2025/05/09 11:30:03
0
Share
copy
BlackRock's iShares Bitcoin Trust ETF (IBIT) has recorded 18 consecutive days of inflows, accumulating nearly $5 billion in new investments since its launch over a year ago. This inflow streak places IBIT among the top 10 ETFs by inflows in 2025, surpassing the SPDR Gold Trust (GLD), which has seen $6.5 billion in inflows year-to-date. Despite the overall positive trend in Bitcoin ETFs, May 6 saw a net outflow of $85.7 million from Bitcoin ETFs and $17.9 million from Ethereum ETFs. On May 7, Bitcoin spot ETFs experienced a net inflow of $142 million, while Ethereum spot ETFs registered a net outflow of $21.77 million. Institutional activity remains notable, with some Ethereum withdrawals reported from exchanges like Binance and Kraken. Other Bitcoin ETFs such as Ark and Bitwise also reported inflows, with Ark seeing $54.7 million and Bitwise $10.5 million. Fidelity's Bitcoin ETF showed inflows of $39.9 million on May 7 and $35.3 million on May 8, while BlackRock's Bitcoin ETF posted inflows of $36.7 million and $37.2 million on May 6 and 7, respectively. Ethereum ETFs have generally experienced outflows during this period, including a $21.8 million outflow from BlackRock's Ethereum ETF on May 7. Overall, Bitcoin ETFs have attracted more investor capital than Ethereum ETFs recently, highlighting a preference for Bitcoin among institutional investors.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

You may also like

How to capture the next Alpha in the narrative of predictive markets?

The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?

Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?

Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Popular coins

Latest Crypto News

Read more