The recent financial report reveals that the fund has added $34.83 million to its balance sheet, resulting in funds under management reaching $8.18 billion. Analyst Eric Balchunas from Bloomberg highlighted the consistent influx of investors into IBIT for 69 consecutive days, propelling the fund to the 11th position with the most consecutive days of inflows. This places IBIT among the top 10 investment instruments receiving sustained investment over an extended period.
Furthermore, on April 19, spot Bitcoin ETFs experienced a significant inflow of $59.56 million, positioning the sector as the volume leader with an additional $54.77 million added to its balance sheet. Overall, the volume of funds under management for this sector reached $8.14 billion. Specifically, on April 19, IBIT recorded an inflow of $29.28 million, while ARK Invest and 21 Shares collectively registered an inflow of $12.53 million.