BlackRock's IBIT Pulls In $1 Billion in Four Days as Bitcoin ETF Inflows Accelerate
- —IBIT drew $1 billion in four days, its biggest streak in over a year
- —BlackRock holds 786,360 BTC valued at over $67 billion
- —Fidelity ($14B), Grayscale ($10B) and Bitwise ($3B) trail IBIT
- —Bitcoin has recovered 33% on strong institutional demand
Why it matters: Sustained IBIT inflows are underpinning the rally, but weak retail participation leaves room for a pullback if $80,000 support breaks.
Source: ZyCrypto