According to statistics from Bloomberg ETF analyst Eric Balchunas, BlackRock Bitcoin Spot ETF IBIT saw no inflows yesterday, so its record of daily continuous inflows has ended at 71 days. Grayscale's GBTC is still setting new records. It has been net outflows for 72 consecutive days, which is unmatched.
ITS OVER: $IBIT took $0 yesterday and as such it's daily inflow streak has ended at 71 days, shy of all time record but one for the ages and utterly smashing the record for a new launch. For context, $GLD had launch and awesome its 'out of the gate' inflow streak was 3 days. https://t.co/ZwZSKmnqD5
— Eric Balchunas (@EricBalchunas) April 25, 2024
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ToggleIBIT ended at the top ten, with 71 consecutive days of net inflows
According to Bloomberg ETF analyst Eric Balchunas' record of consecutive days of ETF net inflows, BlackRock Bitcoin Spot ETF IBIT had no inflows yesterday, so its record of daily continuous inflows has ended at 71 days. The first place is the JPMorgan Equity Premium Income ETF (symbol JEPI), which was issued in 2020 and has an astonishing 160 consecutive days of net inflows.
However, Balchunas said that IBIT still has the opportunity to set other records. He shared the total ETF assets in the first 72 days of listing. BlackRock’s IBIT ranked first, Fidelity’s FBTC ranked second, and other Bitcoin spot ETFs include Ark’s ARKB and Bitwise’s BITB are also on the list, which shows how hot this all is.
Among all 10,698 registered funds in the United States (including ETFs, mutual funds, and closed-end funds), IBIT's year-to-date traffic ranking is ranked second.
GBTC has experienced net outflows for 72 consecutive days
In addition, Grayscale’s Bitcoin spot ETF GBTC is still setting new records. It has experienced net outflows for 72 consecutive days. No ETF can compare with it.
