BlackRock’s iShares Bitcoin Trust (IBIT) continues its bullish streak with 15 straight days of inflows, adding a staggering 5,613 BTC—worth approximately $530 million—on Monday alone. This consistent buying spree underscores a renewed wave of institutional interest in Bitcoin, prompting analysts to project a potential price surge toward the $100,000 mark.
The recent acquisition brings IBIT’s total inflows since inception back above $44 billion. Over the past 15 days alone, the ETF has amassed $4.5 billion in net inflows, consolidating its position as one of the top-performing Bitcoin ETFs globally.
Market data reveals that BlackRock significantly ramped up its Bitcoin exposure in Q1 2025, increasing its stake in IBIT by 124%. The firm now holds $314 million in the ETF, a clear indicator of deepening institutional confidence in the digital asset’s long-term trajectory.
On Monday, total net inflows across all U.S.-listed Bitcoin ETFs reached $425 million. However, BlackRock’s IBIT led the charge with $530 million, while other major ETFs, including Fidelity’s FBTC, Bitwise’s BITB, and Grayscale’s GBTC, experienced outflows, according to Farside Investors.
Bloomberg’s senior ETF strategist Eric Balchunas commented on IBIT’s momentum, stating, “IBIT is back among the top YTD performers, now 8th in year-to-date flows with $6.4 billion. It’s been aggressively absorbing BTC since the market’s recent decoupling.”
From a market perspective, Bitcoin is holding steady around $94,500. Analysts suggest the price has undergone a healthy correction, shedding excess speculation. According to on-chain metrics, Bitcoin’s Market Value to Realized Value (MVRV) ratio recently touched its long-term average of 1.74—an indication that unrealized gains have been flushed out, resetting the market for a potential recovery.
Crypto analyst Kyledoops noted, “The reset is real. MVRV hitting its historical mean suggests a solid foundation for further upside. If this level holds, we’re primed for a clean move toward recovery.”
With ETF inflows providing continued tailwinds and market indicators flashing bullish signals, Bitcoin’s push toward $100,000 could be closer than many anticipate. CoinGape’s prediction model currently projects BTC to hover near $94,600 in the coming weeks, though strong institutional demand could accelerate the next breakout.
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