While some crypto observers are concerned about IBIT’s inflow halt, others say it’s more normal than the 71-day inflow streak it has recorded.
The Bitcoin (BTC) community is increasingly concerned about BlackRock’s spot Bitcoin exchange-traded fund (ETF) halting inflows for several consecutive days for the first time since launch.
BlackRock's iShares Bitcoin Trust (IBIT), the fastest-growing spot Bitcoin ETF in the United States, has not recorded any inflows since April 24.
According to data from IBIT’s official page, the fund has held the same 274,462 BTC over the past four trading days.
