coin-img-ETHETH+5.25%coin-img-BTCBTC+2.70%coin-img-SOLSOL+6.39%coin-img-XRPXRP+7.81%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+11.08%coin-img-TONCOINTONCOIN+1.73%coin-img-TRXTRX+0.82%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.70%coin-img-SOLSOL+6.39%coin-img-XRPXRP+7.81%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+11.08%coin-img-TONCOINTONCOIN+1.73%coin-img-TRXTRX+0.82%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.70%coin-img-SOLSOL+6.39%coin-img-XRPXRP+7.81%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+11.08%coin-img-TONCOINTONCOIN+1.73%coin-img-TRXTRX+0.82%coin-img-ETHETH+5.25%coin-img-BTCBTC+2.70%coin-img-SOLSOL+6.39%coin-img-XRPXRP+7.81%coin-img-USDCUSDC+0.01%coin-img-HYPEHYPE+11.08%coin-img-TONCOINTONCOIN+1.73%coin-img-TRXTRX+0.82%

BlackRock’s spot Bitcoin ETF buys $57,670,000 in Bitcoin

BlackRock’s spot Bitcoin ETF purchased $57,670,000 worth of Bitcoin in a single day. The fund is the world’s largest spot Bitcoin ETF and its sustained net inflows are widely watched as a key gauge of institutional Bitcoin allocation. The one-day buying amount was well above recent daily averages, which are typically in the millions of dollars, and was described as a non-routine, verifiable incremental flow that reflected stronger underlying subscription demand and market makers’ hedging activity, providing short-term support to the BTC spot market.
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