BlackRock’s Bitcoin ETF, IBIT, experienced a remarkable streak of 19 consecutive days of inflows, accumulating $356.2 million on May 9. This streak marks the longest run of inflows for the fund in 2025. The ongoing streak, which began on April 14, coincided with a volatile Bitcoin (BTC) market, where the asset traded between $83,152 and $103,000. Market sentiment has been on the rise as Bitcoin reclaimed and maintained prices above $90,000 on April 23, and surpassed the $100,000 mark on May 8 for the first time since February 1. IBIT saw significant inflows of $1.03 billion over the past trading week alone, according to Farside data. Before this streak, IBIT’s longest inflow streak in 2025 was a nine-day period surrounding US President Donald Trump’s inauguration in January. Since the launch of spot Bitcoin ETFs in January 2024, IBIT’s longest inflow streak lasted 104 days, starting from the launch date through April 23, 2024. The fund achieved a new all-time high of $73,679 in March during this streak. In April, BlackRock’s Bitcoin ETF won the “Best New ETF” award at the etf.com ETF awards, adding to its accolades. Institutional investors are increasingly showing interest in Bitcoin, with predictions of its price potentially surpassing $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. This growing institutional adoption could propel Bitcoin’s market capitalization to match that of gold by 2029.