BlackRock iShares Bitcoin Trust (IBIT) has notched its first day of $0 in inflows since Bitcoin 

exchange-traded funds (ETFs) were introduced in the United States in January. 

Ever since its launch on Jan. 11, IBIT has consistently attracted investments worth millions of dollars daily, racking up nearly $15.5 billion in just 71 days. The inflow streak ended for BlackRock on April 24 after it recorded $0 of inflows. Most of the other Bitcoin ETF participants witnessed a dry spell as well. Of the 11 United States-registered Bitcoin ETFs, Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) were the only two to record inflows of $5.6 million and $4.2 million, respectively.

Some of the Bitcoin ETF market participants are also in the process of applying for Ether ETFs in the United States. However, the Securities and Exchange Commission recently delayed the approval decisions for several of them. 

“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change, as modified by Amendment No. 1,” the agency wrote in its notice on April 23.

The SEC’s decision on whether to allow the conversion of Grayscale’s ETH Trust to a spot ETH exchange-traded product on NYSE Arca has been extended by 60 days to June 23.

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