{"id":12818,"date":"2024-04-23T10:30:23","date_gmt":"2024-04-23T07:30:23","guid":{"rendered":"https:\/\/forklog.com\/en\/blackrocks-spot-bitcoin-etf-sees-70-consecutive-days-of-inflows\/"},"modified":"2024-04-23T10:30:23","modified_gmt":"2024-04-23T07:30:23","slug":"blackrocks-spot-bitcoin-etf-sees-70-consecutive-days-of-inflows","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrocks-spot-bitcoin-etf-sees-70-consecutive-days-of-inflows\/","title":{"rendered":"BlackRock&#8217;s Spot Bitcoin ETF Sees 70 Consecutive Days of Inflows"},"content":{"rendered":"<p>Inflows into BlackRock&#8217;s IBIT have reached 70 consecutive days, placing the product among the top ten exchange-traded funds with the longest streaks of daily inflows. Bloomberg analyst Eric Balchunas highlighted this achievement.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24IBIT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$IBIT<\/a> inflow streak currently at 69 DAYS. one more day and it moves into Top 10 and ties <a href=\"https:\/\/twitter.com\/search?q=%24JETS&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$JETS<\/a> (a streak I was equally as fascinated by) altho streak ending today would be pretty hilarious, show financial gods have sense of humor via <a href=\"https:\/\/twitter.com\/thetrinianalyst?ref_src=twsrc%5Etfw\">@thetrinianalyst<\/a> <a href=\"https:\/\/t.co\/niDzfaKqgp\">pic.twitter.com\/niDzfaKqgp<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1782386163698835663?ref_src=twsrc%5Etfw\">April 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The inflow trend in IBIT stands at 69 days. One more day <\/em>\u2014<em> and it will enter the top 10, tying with JETS,&#8221;<\/em> he wrote.<\/p>\n<\/blockquote>\n<p>The latter, which includes stocks of companies in the airline industry, also achieved 70 consecutive days of inflows. Until April 22, JETS was in 10th place, as noted by<a href=\"https:\/\/www.theblock.co\/post\/290265\/blackrocks-spot-bitcoin-etf-joins-exclusive-club-after-70-straight-days-of-growth\"> The Block<\/a>.<\/p>\n<p>The leader of the ranking is the JPMorgan Equity Premium Income ETF (JEPI) with a record of 160 days. According to<a href=\"https:\/\/sosovalue.xyz\/assets\/etf\"> SoSoValue<\/a>, inflows into IBIT on April 22 amounted to $19.5 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-999.webp\" alt=\"1-999\" class=\"wp-image-231171\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p><span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> for IBIT increased to $18.18 billion. In comparison, the leader GBTC from Grayscale reached $20.23 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-771.webp\" alt=\"2-771\" class=\"wp-image-231172\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>Overall, the net inflow into products on April 22 was $62.1 million and $12.38 billion since their<a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\"> approval<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to SoSoValue, the total net inflow of Bitcoin spot ETF yesterday, April 22, was $62.0899 million. Grayscale GBTC had a single-day net outflow of $34.993 million. The single-day net inflow of Fidelity ETF FBTC was US$34.8334 million, and the historical cumulative net\u2026 <a href=\"https:\/\/t.co\/yt2vTMA5bm\">pic.twitter.com\/yt2vTMA5bm<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1782621838868430923?ref_src=twsrc%5Etfw\">April 23, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, crypto assets in GBTC halved approximately three months after conversion to a spot ETF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflows into BlackRock&#8217;s IBIT have reached 70 consecutive days, placing the product among the top ten exchange-traded funds with the longest streaks of daily inflows. Bloomberg analyst Eric Balchunas highlighted this achievement. $IBIT inflow streak currently at 69 DAYS. one more day and it moves into Top 10 and ties $JETS (a streak I was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,569,1145],"class_list":["post-12818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-etf","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12818"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12817"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}