BlackRock's IBIT Records 18 Days of Consecuite Inflows

utoday
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BlackRock's flagship iShares Bitcoin Trust ETF (IBIT) has now had 18 consecutive days of positive flows. 

The product saw $69 million worth of inflows on Thursday. IBIT's net assets are now approaching a whopping $63 billion. 

Overall, Bitcoin ETFs were in the green with $117 million worth of inflows. 

Grayscale's GBTC is the only product in the red with $23 million in outflows. 

Meanwhile, the Bitcoin price is now inching closer to a new record high, currently trading at $103,633 on the Bitstamp exchange. 

Notably, the leading cryptocurrency is now less than 5% from setting a new record high. Bitcoin's current lifetime price peak of nearly $109,000 was achieved in late January. 

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