{"id":140559,"date":"2024-10-25T17:00:13","date_gmt":"2024-10-25T14:00:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140559"},"modified":"2024-10-25T16:23:12","modified_gmt":"2024-10-25T13:23:12","slug":"140549blackrocks-bitcoin-etf-dominates-market-with-record-inflows-amid-price-fluctuations","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/140549blackrocks-bitcoin-etf-dominates-market-with-record-inflows-amid-price-fluctuations\/","title":{"rendered":"BlackRock’s Bitcoin ETF Dominates Market with Record Inflows Amid Price Fluctuations"},"content":{"rendered":"

Despite Bitcoin<\/a> <\/strong>struggling to maintain the crucial $68,000 mark, BlackRock has aggressively capitalized on the price dip, acquiring<\/a> <\/strong>approximately 29,714 BTC (around $2 billion) over nine consecutive trading days. This brings IBIT\u2019s total holdings to 399,355 BTC, worth about $27.16 billion, constituting over 2% of Bitcoin\u2019s circulating supply.<\/p>\n

On specific days, BlackRock\u2019s activity included purchases of 2,436 BTC on October 24 and 4,798 BTC on October 23.<\/p>\n

Meanwhile, Bitcoin spot ETFs reported a total net inflow of $188.11 million, with IBIT leading the way at $165.54 million, raising its cumulative net inflow to $23.69 billion.<\/p>\n