News 
May 6, 2025 
4 min. 
BlackRock’s Bitcoin ETF has ramped up its accumulation, purchasing 5,613 BTC from the open market on Monday. This move marks 15 consecutive days of inflows into the iShares Bitcoin Trust (IBIT), pushing total inflows to a staggering $4.5 billion.
Despite this strong institutional activity, Bitcoin’s price remains stable around $94,500. The sustained interest is reigniting bullish sentiment, with eyes set on a potential rally toward $100K and beyond.
BlackRock’s Bitcoin ETF Surges Ahead with 15 Days of Consecutive Inflows
BlackRock’s Bitcoin ETF is making waves once again as its iShares Bitcoin Trust (IBIT) records an unbroken 15-day streak of inflows. On Monday alone, the fund added 5,613 BTC, worth approximately $530 million. This brings its total inflows since inception back above the $44 billion mark.
New data also reveals a significant Q1 development. BlackRock has ramped up its stake in the ETF by 124%, lifting its total investment to $314 million. This substantial increase underscores the growing appetite among institutional players for Bitcoin exposure amid shifting macroeconomic conditions and increased regulatory clarity.
Interestingly, despite strong interest in IBIT, the broader Bitcoin ETF landscape showed a net inflow of $425 million on Monday. According to Farside Investors, while BlackRock’s IBIT led with a massive $530 million inflow, competitors such as Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s GBTC saw net outflows during the same period.
Bloomberg’s Senior ETF Strategist, Eric Balchunas, commented on the development:
“IBIT is climbing the ranks fast, mirroring last year’s trend when ‘beta with a side of Bitcoin’ defined ETF strategies. From being outside the Top 50 in YTD flows, it’s now sitting at number eight with $6.4 billion. It has been aggressively scooping up BTC ever since the decoupling began.
Bitcoin Poised for $100K Breakout as Market Resets
Bitcoin is setting the stage for its next major rally, with prices hovering near $94,500 over the past week. On-chain data indicates that much of the market speculation has cooled, as the MVRV (Market Value to Realized Value) ratio returns to its historical average. This signals a potential bullish reset.
Crypto analyst Kyledopps commented on the development:
“The excess has cleared out. We’re witnessing a genuine reset. Bitcoin’s MVRV just hit its long-term mean of 1.74, a strong indicator that unrealized profits have been flushed. If this level holds, it sets up a healthy base for the next move.”
As Bitcoin steadies around the $94,600 mark, crypto analysts’ BTC Forecast Tool suggests the price may consolidate here for the next month. However, continued inflows into Bitcoin ETFs are expected to fuel additional momentum, potentially accelerating BTC’s climb toward the $100K milestone.
