BlackRock's "iShares Bitcoin Trust (IBIT)" has marked an impressive milestone with 70 consecutive days of net capital inflow, showcasing sustained institutional interest in Bitcoin. This surge in investment comes as BlackRock solidifies its position in the cryptocurrency market.

As of now, the largest Bitcoin spot ETF by asset management scale (AUM) remains the GBTC from GrayScale, followed closely by BlackRock's IBIT. The gap in AUM between these two ETFs is now less than US$2 billion.

Since the official approval of Bitcoin spot ETFs, the daily net capital inflow into GBTC has been negative. In contrast, IBIT has been consistently attracting investment, leading to speculations that IBIT's asset scale may surpass that of GBTC in the near future.
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