BlackRock Buys More BTC as ETF Inflows Soar Amid Cooling CPI

Bitcoin has been consolidating in a tight band between $63,200 and $65,340, with price sitting near the lower-middle of that range.

The asset's performance is being closely watched by investors, particularly after BlackRock's recent move to cut its Bitcoin ETF minimum by 96%, from $25 million down to $1 million. This change has made it easier for accredited and institutional participants to get involved in the market.

The move comes as other forecasting models are bullish on Bitcoin into 2026, which raises questions about whether the market is pricing this correctly right now.