BlackRock's iShares Bitcoin Trust records $195.6 million inflow in a day, $1.57 billion over a month
BlackRock's iShares Bitcoin Trust (IBIT) bought $195.6 million of Bitcoin in a single trading session, bringing its month‑long purchases to $1.57 billion. The inflow exceeded the combined net inflow of all other U.S. spot Bitcoin ETFs, which was $102.67 million that day. IBIT now holds about 801,769 BTC, roughly 3.8 % of the total supply. Bitcoin’s price rose above $84,000 during the session.
Why it matters
The large single‑day purchase adds buying pressure on Bitcoin’s spot market, potentially tightening supply and supporting price, as noted in the material. IBIT’s dominance means its inflows serve as a proxy for institutional demand for Bitcoin.
Key facts
- 1IBIT bought $195.6 million worth of Bitcoin in the reported session. tradingview.com
- 2IBIT’s total purchases over the past 30 days amount to $1.57 billion. tradingview.com
- 3All U.S. spot Bitcoin ETFs together recorded a net inflow of $102.67 million that day. tradingview.com
- 4IBIT’s Bitcoin holdings rose to 801,769 BTC, valued at about $67.87 billion. finance.biggo.com
- 5IBIT’s holdings represent roughly 3.8 % of Bitcoin’s capped supply of 21 million coins. finance.biggo.com
- 6Bitcoin’s price rebounded above $84,000 during the session. finance.biggo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.