BlackRock Bitcoin ETF, trading under the symbol IBIT, has seen a staggering inflow of $877 million on May 22. This remarkable surge in interest brings its total inflow this year to more than $9 billion, positioning IBIT among the top five ETFs in the United States based on inflows. This growing interest reflects a rising trend in institutional investments within the cryptocurrency space. Investors are increasingly opting for Bitcoin-backed funds as they seek exposure to digital assets without the hassle of managing private keys. The recognition of IBIT as a top contender speaks volumes about the investor confidence and the ongoing evolution of the crypto investment landscape.