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BlackRock Ups Its Bitcoin Stake with $183M Purchase

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BlackRock has continued to demonstrate its commitment to Bitcoin, purchasing an additional $183.41 million worth of the cryptocurrency.

This move comes after a recent surge in Bitcoin ETF inflows, with BlackRock's own ETF seeing its largest capital inflow since early July.

The broader Bitcoin ETF market also recorded over $233 million in net inflows, indicating growing investor confidence in the asset.

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