Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge

BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto.

According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat.

Despite that pause, the ETF has received $9.31 billion in net inflows during the ongoing streak, which has propelled the fund’s assets under management to roughly $72 billion.

ETF Store President Nate Geraci pointed out that IBIT now ranks among the top five ETFs by year-to-date inflows across a universe of more than 4,200 US-listed funds.

Market observers point to declining volatility and improving market sentiment as key drivers behind IBIT’s appeal.

Bloomberg ETF strategist Eric Balchunas noted that the fund’s 90-day rolling volatility has reached its lowest level since inception. This trend, paired with Bitcoin’s steady price gains, is drawing in larger asset allocators.

Balchunas highlighted that IBIT’s flow dominance in recent weeks significantly outpaces other crypto-related ETFs, suggesting it has become the go-to choice for institutional players seeking Bitcoin exposure without excessive risk.

Investment manager Mike Shell of ASYMMETRY added that IBIT is beginning to behave more like a mature, institutional-grade asset.

According to him, the asset is not acting like a speculative crypto token but more like a digital store of value, like gold, than volatile tech stocks.

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