Markets· ★★★· bullish·

BlackRock ETF clients buy $69.85 million in Bitcoin

  • —IBIT drew $69.85 million, converting the cash into Bitcoin for new shares
  • —October 1 saw a $195.6 million inflow; July logged $183.41 million
  • —A nine-day inflow streak in late September brought about $3 billion into US spot Bitcoin ETFs
  • —In one strong September week, IBIT captured roughly $1.2 billion
Why it matters: IBIT concentrates institutional demand, with its inflows often exceeding total category net flows, giving a single fund outsized influence over the market.
#BTC
Source: Crypto Briefing
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