BlackRock Buys $250 Million Bitcoin in Two Days After Weeks of Selling
BlackRock purchased approximately $250 million in Bitcoin over a two-day period, according to blockchain data provider Arkham. The fund resumed accumulating the asset after selling daily for more than two consecutive weeks.
The reversal in trading activity ends a prolonged outflow period that had characterized the fund's recent transaction history. Market participants will monitor the scale of the asset manager’s cumulative purchases in the coming sessions.
From the sources (10 posts)
@wublockchainSpot Bitcoin ETFs See $527M Net Outflows Last Week, Extending Outflow Streak to 8 Weeks From June 29 to July 2 (ET), spot Bitcoin ETFs saw $527 million in net outflows, marking the eighth consecutive week of outflows. Spot Ethereum ETFs re
@cointelegraph🇺🇸 ETF FLOWS: SOL and XRP spot ETFs saw net inflows last week, while BTC and ETH spot ETFs saw net outflows. BTC: -$526.64M ETH: -$13.67M SOL: $5.75M XRP: $17.19M
@wublockchainAccording to SoSoValue data, on July 6 (Eastern Time), Bitcoin spot ETFs recorded a total net inflow of USD 266 million, with BlackRock’s IBIT posting the largest single-day net inflow at USD 209 million. Ethereum spot ETFs recorded a total
@cointelegraph🇺🇸 ETF FLOWS: BTC, ETH and SOL spot ETFs saw net inflows on July 6. BTC: $265.69M ETH: $20.66M SOL: $8.36M
@theblockcoTHE BLOCK: U.S. spot bitcoin ETFs logged $265.7 million in net inflows on Monday, their largest daily haul since May 5. bitcoin:native is trading near $63,000, up 0.5% over the past 24 hours.
@theblockcoTHE BLOCK: US spot bitcoin ETFs logged $21.4 million in net inflows on Tuesday, marking the third consecutive day of fund intake. Spot Solana ETFs and Hyperliquid ETFs also saw inflows yesterday.
@wublockchainAccording to SoSoValue data, spot Bitcoin ETFs recorded $21.435 million in net inflows on July 7 (ET), extending their net inflow streak to three consecutive days. Spot Ethereum ETFs recorded $26.925 million in net inflows, marking four con
@cointelegraph🇺🇸 ETF FLOWS: BTC, ETH and SOL spot ETFs saw net inflows on July 7. BTC: $21.44M ETH: $26.93M SOL: $1.67M
@arkhamBLACKROCK IS BUYING BITCOIN BlackRock bought $250M Bitcoin in the past 2 days. They started buying Bitcoin after selling every single day for more than 2 weeks. How much will they buy this week?
@cointelegraph🔥 BULLISH: BlackRock bought $250M worth of Bitcoin over the past 2 days after more than 2 weeks of daily selling, per Arkham.