BlackRock's iShares Bitcoin Trust Adds $128 Million to Bitcoin Holdings
BlackRock's iShares Bitcoin Trust (IBIT) has increased its Bitcoin holdings by $128.33 million, bringing the total to around 742,000 BTC.
This latest purchase is part of a larger trend of institutional investors increasing their exposure to Bitcoin through regulated vehicles like ETFs.
According to Arkham Intelligence, IBIT led all spot Bitcoin ETF inflows this week with approximately $478.5 million in daily Bitcoin purchases, accounting for 76% of the total $626 million in net inflows among US-based spot Bitcoin ETFs.
The continued buying by IBIT underscores ongoing institutional demand for direct Bitcoin exposure through regulated vehicles.