BlackRock’s spot bitcoin ETF continued its hot streak on Monday, adding inflows for the 70th straight day. That put the financial giant’s ETF in the top 10 of exchange-traded funds with the longest daily streaks of inflows.
Earlier on Monday, Bloomberg senior ETF analyst Eric Balchunas posted a graphic to X demonstrating that if BlackRock’s fund, ticker IBIT, succeeded in registering a 70th consecutive day of net inflows it would rank the exchange-traded fund among some of the most successful in history.
“IBIT inflow streak currently at 69 days. One more day and it moves into top 10 and ties JETS,” Balchunas posted. The JETS exchange-traded fund, which combines shares in companies operating in the airline industry, has also achieved 70 straight days of inflows, according to data posted by Balchunas. Before Monday, JETS sat alone at number 10.
BlackRock’s spot bitcoin ETF had a net…
