BlackRock Buys $600M in Bitcoin, Leads Weekly ETF Inflows

BlackRock has purchased over $600 million worth of Bitcoin, according to data shared by Arkham Intelligence. The accumulation places BlackRock’s iShares Bitcoin Trust (IBIT) at the top of Bitcoin ETF inflows for the past week. It also highlights the sustained institutional demand for Bitcoin, even as price action remains below previous highs.  BlackRock Leads Bitcoin … Continue reading BlackRock Buys $600M in Bitcoin, Leads Weekly ETF Inflows