Inflows have slowed this month, taking the wind out of the bitcoin bull run.
The firm's spot bitcoin ETF accounts for 24% of all flows out of 1,000 BlackRock ETFs globally, according to a Bloomberg analyst.
BlackRock's Bitcoin ETF, IBIT, has achieved a significant milestone since its launch in January 2024, securing a spot among the top ten ETFs with the longest streaks of daily investment inflows.
On Tuesday, Bitcoin ETFs managed to record $31.6 million of net flows, according to the latest data provided by London-based investment management firm Farside Investors.
Grayscale's GBTC recorded $66.88 million in net outflows, while funds from BlackRock, Ark Invest and Bitwise recorded net inflows.
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