BlackRock buys $195.6 million of Bitcoin as IBIT inflows continue
Image: Crypto BriefingBlackRock bought $195.6 million of Bitcoin in one day, Arkham data shows. The firm added a net $1.57 billion of Bitcoin over the past month. Its spot Bitcoin ETF, IBIT, continued to attract investor capital and remained a dominant fund in the Bitcoin ETF market. Bitcoin traded above $84,000 during the reported period, though the reports cite different price levels for the session.
Key points
- BlackRock bought $195.6 million worth of Bitcoin in its latest purchase, according to Arkham data.
- BlackRock added a net $1.57 billion worth of Bitcoin over the past month.
- BlackRock's spot Bitcoin ETF, IBIT, continued to attract investor capital during the period.
- BlackRock remained a dominant fund in the Bitcoin ETF market.
Why it matters
IBIT's scale makes it central to the US spot Bitcoin ETF category. BlackRock's purchases also show regulated funds are a major channel for institutional Bitcoin demand.
What's unclear
The reports cite different Bitcoin prices for the reported session: above $86,000 in one and above $84,000 in the other.
One report says IBIT's assets under management reached $109.34 billion, while the other says BlackRock holds 801,769 BTC worth about $67.87 billion. It is unclear whether these mea
Price context · BTC
At publication
$84,831.00
Now
$84,846.00
Change since
+0.02%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Over $1.5 Billion in Bitcoin Tops BlackRock Holdings in One Month
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by U.Today
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error