BlackRock clients scoop up 1,495 Bitcoin for $115M through IBIT
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BlackRock clients purchased 1,495 BTC (~$115 million) through the iShares Bitcoin Trust (IBIT). The buy indicates continued institutional demand for spot Bitcoin via regulated ETF vehicles, concentrating supply into custody and reducing available exchange liquidity. This behavior supports price stability and upward pressure on Bitcoin while reinforcing institutional adoption and confidence in ETF-based access to the asset.
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