BlackRock Bitcoin ETF Sees Record Inflows After Recent Outflows
- BlackRock Bitcoin ETF (IBIT) recorded an inflow of 2,660 Bitcoins, valued at $217.26 million.
- This marks the highest single-day inflow for the ETF since February 4, 2025.
- Trading volume for IBIT surged to $1.6 billion amid renewed investor interest.
- Long-term Bitcoin holders accumulated 167,000 BTC, worth nearly $14 billion in the past month.
- MicroStrategy plans to raise $500 million for additional Bitcoin purchases through stock issuance.
The BlackRock Bitcoin ETF experienced its largest inflow in six weeks, with a significant increase in trading activity and institutional interest. Despite market volatility, long-term holders continue to accumulate Bitcoin, and companies like MicroStrategy are planning substantial investments in the cryptocurrency.
Source (2.6)https://coingape.com/blackrock-bitcoin-etf-inflows-at-six-week-high-will-btc-price-regain-90k-quick/?rand=24432
