BlackRock's IBIT ETF Sees $115.4M Bitcoin Inflow Amid Bullish Structure
BlackRock's IBIT Bitcoin ETF saw a significant influx of funds on September 3, 2026. According to data from Farside Investors, the ETF recorded an inflow of $115.4 million. This substantial investment comes as BTC continues to trade within its Bollinger Bands, with an upper resistance level at $79,126.61.
As of now, the price of BTC sits above both its 50-day exponential moving average (EMA) and 200-day EMA, maintaining a bullish structure despite some concerns raised by technical indicators. The Moving Average Convergence Divergence (MACD) has printed a death cross at -236.49, a signal that typically precedes a market downturn.
However, the Relative Strength Index (RSI) is currently sitting at 49.06, indicating room for further continuation before any potential test of support levels. This setup suggests that investors may choose to hold onto their positions rather than sell out in anticipation of a swift crypto market crash.