According to PANews, BlackRock's Bitcoin Spot ETF has continued its strong performance, achieving net inflows for the 70th consecutive day. This achievement places the financial giant's ETF among the top 10 ETFs with the longest daily net inflows. Earlier on Monday, Bloomberg senior ETF analyst Eric Balchunas posted a chart on Twitter, indicating that if BlackRock's fund IBIT successfully achieves its 70th consecutive day of net inflows, the exchange-traded fund will be among the most successful in history.
Balchunas posted, 'IBIT's net inflow days are currently at 69. One more day, and it will enter the top ten, tied with JETS.' According to data released by Balchunas, JETS, an exchange-traded fund that combines the stocks of airline industry companies, also achieved 70 consecutive days of net inflows. Before Monday, JETS alone occupied the 10th position. According to the Bloomberg analyst's post, JP Morgan's Equity Premium Income ETF (JEPI) leads the list with 160 consecutive days of net inflows.
BlackRock's official news reported that the net inflow of BlackRock's spot Bitcoin on Monday exceeded $600 million, bringing its total assets under management (AUM) to $18.2 billion.
