BlackRock Clients Buy Over Half a Billion in BitcoinBlack Rock’s iShares $BTC Trust (IBIT) recorded one of its strongest inflow days in months. On Thursday the fund took in approximately $503 million. That single figure made up about 83% of the total net inflows into all U.S. spot Bitcoin ETFs that day. The entire group of Bitcoin ETFs attracted roughly $606 million, the largest daily total since early May. On-chain data shows a series of transfers moving from Coinbase Prime into BlackRock’s IBIT wallets. Multiple batches of 300 BTC each arrived in a short period, matching the size of the reported inflow. This is BlackRock’s biggest single-day client purchase of Bitcoin in more than six months. The buying comes as Bitcoin has climbed back above $77,000 and overall market sentiment has shifted higher. Strong institutional demand is returning through the largest $BTC ETF. Do you see this level of ETF buying as a sign that institutional interest is building again, or still mainly a short-term reaction to the recent price rebound?
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $XRP
#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $XRP