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      BlackRock’s iShares Bitcoin Trust Acquires $195.6 Million in Bitcoin in One Day

      BlackRock’s iShares Bitcoin Trust (IBIT) made a significant purchase of $195.6 million worth of Bitcoin in a single day, according to recent on-chain data. This acquisition brings the total amount of Bitcoin purchased by the fund over the past month to $1.57 billion, highlighting its dominant position in the market for spot Bitcoin exchange-traded funds (ETFs).

      On the same day, the overall category of U.S. spot Bitcoin ETFs recorded a net inflow of $102.67 million, with IBIT alone accounting for a substantial portion of this figure. The fund's performance stands out, as it was the only one to report significant inflows, while other funds collectively experienced net selling during the session. This trend marks a reversal from the previous day, when spot Bitcoin ETFs had seen an outflow of approximately $149 million.

      Since its launch in January 2024, following approval from the U.S. Securities and Exchange Commission, IBIT has quickly become the largest U.S. spot Bitcoin ETF by assets under management, reaching $109.34 billion. The fund's structure allows it to directly translate investor demand into purchasing pressure for Bitcoin, as it must acquire Bitcoin to back the shares issued to investors. This mechanism has made IBIT a focal point for institutional demand for Bitcoin, which appears to be increasingly funneled through regulated products rather than direct ownership.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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