Bitcoin ETF Breaks Records Again!

In a significant financial development, BlackRock’s spot Bitcoin ETF, the IBIT, has achieved its longest inflow streak of 2025, drawing $356.2 million as of May 9. This streak began on April 14, amidst Bitcoin's volatile price fluctuations, and marks a growing institutional interest in the cryptocurrency. Recently, the IBIT received the “Best New ETF” award, cementing its influence. Experts predict Bitcoin could reach $1 million by 2029, driven by increasing institutional adoption. Such developments highlight the evolving dynamics of the cryptocurrency and investment markets, showcasing a shift towards embracing digital assets.