Blackrock flagship Ishares Bitcoin Trust ETF (IBIT) has now been 18 consecutive days about positive streams.
The product saw $ 69 million in the inflow on Thursday. Ibit's net assets are now approaching $ 63 billion.
In general, Bitcoin ETFs were worth $ 117 million in green.
Grayscale GBTC is the only red product with $ 23 million.
In the meantime, the price of Bitcoin is now a new record higher, currently $ 103,633 when trading at Bitstamp Exchange. On Thursday, Bitcoin hit $ 100,000 for the first time after February.
Namely, the leading cryptocurrency is now less than 5%of setting a new record height. Bitcoin's current lifetime price peak – nearly $ 109,000, was achieved in late January.
Due to the inflow registered on Thursday, Spot Bitcoin ETF has reached the new peak of all time, ranging from $ 40.33 billion, according to Bloomberg. Now they have exceeded the previous peak – $ 40.25 billion, registered on February 7th.
Earlier this year, Bitcoin ETF recorded significant outflows due to macroeconomic uncertainty. However, these products recovered after the leading cryptocurrency in their ambident nature and began to appear like gold. Some analysts believe that this motivated the institutional purchase and encouraged the ongoing rally.
Bitcoin ETF was launched last year after years of expectation by former chairman Gary Gensler. After the approach to Ethe ETF last year, the SEC, now led by Libertarian Paul Atkins, is likely to praise the number of many other Altcoin ETFs by the end of the year.
