US spot Bitcoin ETFs have recorded nine consecutive days of net inflows through April 24, their longest positive run of the year. The streak has added roughly $2.12 billion since April 14 — the strongest sustained flow since last October — lifting total net assets to about $101 billion, or approximately 6.57% of Bitcoin's entire market cap.
BlackRock's iShares Bitcoin Trust drove the bulk of the move, pulling in around $1.6 billion over the period. Morgan Stanley's Bitcoin Trust contributed roughly $115 million and Grayscale's BTC product added more than $73 million. Bloomberg ETF analyst Eric Balchunas noted that IBIT's recent intake ranks among the strongest across the broader ETF market.
The renewed demand gives Bitcoin a clearer support base than it had during the prior correction, with the asset trading near $77,858 — up about 11% over the past month. Analysts at Ecoinometrics…
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