Opinion: BlackRock has attracted capital inflows for 70 consecutive days, entering the top ten on the list of longest continuous inflows into U.S. exchange-traded funds

As reported by CryptoPotato, BlackRock recently attracted $19.7 million in inflows on April 22, placing it in the top 10 list of longest consecutive inflows among all U.S. exchange-traded funds. The 70-day milestone puts BlackRock's IBIT fund tied with JETS, an ETF that combines shares of aerospace industry companies in an index. According to Bloomberg ETF analyst Eric Balchunas, JETS also achieved 70 days of continuous inflows. Despite overall outflows across all trading days from April 12 to 18, BlackRock still saw inflows, albeit much smaller than average. The IBIT fund has attracted $111.7 million in inflows over the past five trading days. However, all spot Bitcoin ETFs saw net outflows on three of those five days, as Grayscale’s GBTC continued to lose assets. However, things have changed again, with preliminary data from Farside Investors showing a net inflow of $62.2 million on April 22. Additionally, Fidelity (FBTC) and ARK 21Shares (ARKB) also attracted $34.8 million and $22.6 million in inflows respectively. Even the Franklin Bitcoin ETF (EZBC) and VanEck Bitcoin Trust (HODL) attracted $7.7 million and $7.5 million in inflows respectively.