BlackRock clients buy $117M worth of Bitcoin through IBIT in a single day
price
BlackRock clients purchased $117 million of Bitcoin in a single day through IBIT, per reports. This sizable one-day inflow signals continued institutional demand for spot-Bitcoin exposure via BlackRock’s ETF vehicle and reflects client confidence in the product. Such concentrated flows can exert upward price pressure, improve liquidity for on-chain markets, and reinforce the narrative of growing institutional adoption.
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