BlackRock clients buy $108M worth of Bitcoin through IBIT as institutional demand holds firm

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BlackRock clients purchased approximately $108 million worth of Bitcoin through the iShares Bitcoin Trust (IBIT), signaling that institutional demand remains resilient. The inflows indicate continued investor access and confidence in spot Bitcoin ETFs despite broader market uncertainty. Sustained buying through IBIT could provide ongoing support for Bitcoin’s price and reinforce its integration into institutional portfolios.

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