🚨 BREAKING: BlackRock Clients Bought About $687 Million of Bitcoin in Three Days
IBIT is doing the heavy lifting again.
According to the latest flow figures, BlackRock’s iShares Bitcoin Trust took in $117.4 million on Friday. That was the third straight day of buying. Across those three sessions IBIT clients added $686.8 million of Bitcoin. BlackRock’s Ether funds bought $74.2 million on Friday, with ETHB now on a four-day buy streak.
Key Details:
> IBIT Friday: +$117.4 million.
> IBIT three-day total: +$686.8 million.
> ETH funds Friday: +$74.2 million. ETHB: four-day buy streak.
These are client creations into the ETFs, not a discretionary trade off BlackRock’s own balance sheet.
Nearly $687 million in three days is enough to matter next to the $80,000 level. It does not clear $83,000 by itself. The question for this week is whether that bid survives Friday CPI, when hike odds can move in a single print.
BlackRock IBIT: +$117.4M Friday, +$686.8M Over Three Days
Do you expect another $100 million-plus day this week, or does CPI freeze the creations?
IBIT is doing the heavy lifting again.
According to the latest flow figures, BlackRock’s iShares Bitcoin Trust took in $117.4 million on Friday. That was the third straight day of buying. Across those three sessions IBIT clients added $686.8 million of Bitcoin. BlackRock’s Ether funds bought $74.2 million on Friday, with ETHB now on a four-day buy streak.
Key Details:
> IBIT Friday: +$117.4 million.
> IBIT three-day total: +$686.8 million.
> ETH funds Friday: +$74.2 million. ETHB: four-day buy streak.
These are client creations into the ETFs, not a discretionary trade off BlackRock’s own balance sheet.
Nearly $687 million in three days is enough to matter next to the $80,000 level. It does not clear $83,000 by itself. The question for this week is whether that bid survives Friday CPI, when hike odds can move in a single print.
BlackRock IBIT: +$117.4M Friday, +$686.8M Over Three Days
Do you expect another $100 million-plus day this week, or does CPI freeze the creations?
