BlackRock’s Bitcoin Trust surpasses gold-backed ETF inflows despite the precious metal’s historic rally

By: cryptosheadlines|2025/05/07 01:30:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com BlackRock’s iShares Bitcoin Trust (IBIT) has attracted more capital this year than the largest gold-backed ETF.On May 6, Bloomberg Senior ETF analyst Eric Balchunas reported that IBIT ranked as the US’ sixth-highest fund by year-to-date inflows.According to the data, IBIT has pulled in over $6.9 billion since January, outperforming the SPDR Gold Shares (GLD), which recorded around $6.5 billion in the same period despite a 23% surge in returns.BlackRock’s IBIT vs SPDR GLD (Source: X/Balchunas)During this period, data shows that gold’s price hit a new all-time high of $3,500/oz for the first time in history, and its share of global reserves surged to 18%, a 26-year high.Balchunas highlighted how this performance reinforces confidence in Bitcoin ETFs. He noted that attracting more cash than gold under such market conditions is a strong signal of IBIT’s long-term potential.He said:“To take in more cash in that scenario is really good sign for long term, and inspires confidence in our call that BTC ETFs will have triple gold’s aum in 3-5yrs.”Meanwhile, IBIT’s record numbers have been strongly propelled by the steady inflows over the past three weeks, and it has outpaced its peers in the spot Bitcoin ETF market.Data from SoSo Value reveals that the fund is the only US-listed Bitcoin ETF to post continuous inflows for 15 straight trading sessions.In the last week alone, the fund added nearly $2.5 billion in net inflows. It continued that momentum on May 5 with another $531 million, starting the week on a strong note.ETF Store President Nate Geraci highlighted a shift in market participants, saying:“I remember when it was all just degen retail buying.”He added that this suggests that a more diverse and institutional audience is now participating in the market.The shift likely stems from increased demand for regulated exposure to BTC, especially during uncertain macroeconomic times. ETFs like IBIT offer a gateway for traditional investors to tap into crypto markets without directly holding the assets, reinforcing the top crypto’s growing role in modern portfolios.Mentioned in this articleLatest Alpha Market ReportSource link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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