✉news BusinessCrypto first seen 11 h ago, last 7 h ago, peak #14

BlackRock's Bitcoin ETF Buys $1.57 Billion in Bitcoin Over a Month

Original: BlackRock's Bitcoin ETF Has Net Bought $1.57 Billion Worth of Bitcoin in the Past Month.

BlackRock's spot Bitcoin exchange-traded fund has made net purchases totalling $1.57 billion worth of Bitcoin over the past month, according to the reported figure. The scale of continued inflows into the fund is drawing attention as a sign of sustained institutional demand for Bitcoin through traditional investment vehicles.

Why now: Investors are tracking large institutional Bitcoin purchases as a signal of market momentum.

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Evidence

• BlackRock's Bitcoin ETF Has Net Bought $1.57 Billion Worth of Bitcoin in the Past Month. · Moomoo

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