BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97K

BlackRock's Bitcoin ETF Accumulates 16 Days of Inflows

BlackRock's Bitcoin ETF Accumulates 16 Days of Inflows Investors have flocked to BlackRock's Bitcoin exchange-traded fund (ETF) for more than three weeks.

BlackRock Bitcoin ETF Records 16 Days of Consecutive Inflows as BTC Tests $97K

TLDR BlackRock’s iShares Bitcoin Trust (IBIT) has seen 16 consecutive days of inflows IBIT has accumulated approximately $4.7 billion since April 9 Bitcoin briefly topped $97,500 on May 7 before settling around $96,538 New Hampshire became the first US state to pass strategic Bitcoin reserve legislation BattleShares has filed for four new ETFs combining Bitcoin, Ethereum, and gold positions BlackRock’s iShares Bitcoin Trust (IBIT) has maintaine…

BlackRock's $11.6T Valuation Backs $5.4B Bitcoin Surge, IBIT ETF on 16-Day Inflow Streak

BlackRock Inc., with a market valuation of $11.6 trillion, has significantly increased its Bitcoin holdings, with its iShares Bitcoin Trust (IBIT) ETF purchasing over $5.4 billion worth of Bitcoin-related assets, according to a recent 13F filing. The firm's aggressive accumulation continued last week, with IBIT acquiring $2.5 billion worth of Bitcoin, averaging $500 million daily.On May 2, IBIT alone saw a substantial inflow of $674.91 million, …

BTC/USD Analysis: Is Bitcoin a Safe Haven as Market Cap Hits 2021 Levels? - Action Forex

Bitcoin’s market share hits a 4-year high, sparking debate about its role as a safe haven asset. On-chain data and technical analysis suggest $93,000-$95,000 is a critical price range. Bitcoin ETFs are seeing increased inflows, particularly BlackRock’s IBIT, signaling potential bullish movement. Crypto regulation remains complex, with some states like New Hampshire moving forward while […] The post BTC/USD Analysis: Is Bitcoin a Safe Haven as Ma…

BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97K - WorldNL Magazine

Investors have been piling into BlackRock’s spot Bitcoin exchange-traded fund for over three weeks straight, culminating in the asset’s run up to $97,000 on May 7.The BlackRock iShares Bitcoin Trust has seen 16 days of inflows for the spot BTC ETF, with a further 280 Bitcoin (BTC) or around $36 million piling into the fund on May 6, according to HODL15Capital.  The inflow streak was noted by ETF Store President Nate Geraci, who also observed on …

BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97K

Institutional investors are still keen on BlackRock’s spot Bitcoin ETF as the asset returns to resistance on improved market sentiment.