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International Business Times
International Business Times
Business
Marvie Basilan

BlackRock's Spot Bitcoin ETF Hits New Milestone In Inflows Streak

BlackRock Bitcoin ETF Eric Balchunas IBIT GBTC Grayscale
BlackRock's IBIT has made a statement in the spot Bitcoin ETF space as it completed its 70-day inflow streak Tuesday. (Credit: Marco Verch/flickr)

KEY POINTS

  • BlackRock's IBIT recorded its 70th consecutive day of inflows Tuesday
  • IBIT is still a long way from beating JPMorgan's JEPI, which has a 160-day streak
  • BlackRock has become the only BTC ETF issuer with a streak of unbroken inflows

Asset management giant BlackRock's spot Bitcoin exchange-traded fund (ETF) iShares Bitcoin Trust (IBIT) has hit a new milestone in inflows and is moving toward JPMorgan's Equity Premium Income's (JEPI) 160-day streak.

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