The institutional appetite for Bitcoin has reached a fever pitch as U.S. spot ETFs recorded a staggering $507 million net inflow in a single trading session. This surge marks a decisive shift in market dynamics, signaling that major financial players are aggressively "buying the dip" following a period of price consolidation.
BlackRock’s Dominance
Leading the charge is BlackRock’s iShares Bitcoin Trust (IBIT), which accounted for the lion's share of the activity. The fund saw a massive $297 million injection, further cementing its position as the preferred vehicle for Wall Street's crypto exposure. This influx brings IBIT’s historical cumulative net inflows to over $61 billion, a testament to the sustained demand from institutional portfolios.
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A Market-Wide Rebound
Perhaps most significant is the breadth of the recovery. For the first time in weeks, the "all-green" session saw:
Zero Outflows: None of the twelve active spot Bitcoin ETFs recorded net redemptions.
Grayscale’s Turnaround: Even the Grayscale Bitcoin Trust (GBTC), which has historically faced heavy selling pressure, posted a positive session with over $100 million in inflows.
Volume Spike: Daily trading volumes for these funds climbed back above $4.3 billion, the highest level since early February.
What This Means for BTC
This wave of capital has provided a much-needed "liquidity spine" for Bitcoin, helping the asset reclaim the $68,000 level. Analysts suggest that the mid-$60,000 range has now emerged as a formidable institutional support zone. As BlackRock and others continue to snap up supply, the focus shifts toward the psychological $70,000 resistance. If this inflow momentum persists, it could serve as the primary catalyst for a breakout toward new year lyrics
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