BlackRock’s IBIT saw roughly $69.85M in Bitcoin purchases, adding to the growing institutional demand flowing through spot BTC ETFs.
The timing stands out. U.S. spot Bitcoin ETFs just recorded their third consecutive week of net inflows, with IBIT alone pulling in about $450M during the latest week.
So while short term traders are dealing with volatility, institutional money is still finding its way into Bitcoin through regulated products.
The market may be shaky, but the big money bid clearly hasn’t disappeared.
#BTC Price Analysis# #Macro Insights# $BTC $ETH
The timing stands out. U.S. spot Bitcoin ETFs just recorded their third consecutive week of net inflows, with IBIT alone pulling in about $450M during the latest week.
So while short term traders are dealing with volatility, institutional money is still finding its way into Bitcoin through regulated products.
The market may be shaky, but the big money bid clearly hasn’t disappeared.
#BTC Price Analysis# #Macro Insights# $BTC $ETH