BlackRock Bitcoin ETF adds $151 million as market inflows rebound

BlackRock has significantly increased its Bitcoin ETF holdings with a purchase valued at $151.46 million, according to the latest data from ETF tracker SosoValue. This sizable acquisition came as institutional demand for Bitcoin appears to be picking up again following a period of heightened volatility and cautious sentiment across the ETF market. The recent investment marks the second consecutive day that BlackRock’s Bitcoin fund has recorded a notable net inflow, reflecting renewed confidence among major investors. In the days leading up to this purchase, the fund experienced consistent withdrawals, which analysts linked to a risk-averse stance among institutional players during choppy price action.

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