BlackRock’s iShares Bitcoin Trust (IBIT) purchased $195.6 million in Bitcoin yesterday, extending its aggressive accumulation streak. The ETF has now recorded net inflows totaling $1.57 billion over the past month, signaling sustained institutional demand for spot Bitcoin exposure.
The latest purchases underscore BlackRock's continued dominance in the spot Bitcoin ETF market. This significant capital deployment reinforces the trend of traditional asset managers securing large positions in digital assets through regulated investment vehicles.
BlackRock’s IBIT Acquires $1.57 Billion in Bitcoin Over Past Month
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.