BlackRock Maintains Aggressive Bitcoin Accumulation Amid Rising Institutional Demand Signals

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BlackRock accumulated over $1.08 billion in Bitcoin over the last 20 days, according to data from Arkham Intelligence, consolidating its position as one of the corporations with the largest BTC holdings globally.

The firm recorded purchases in seven trading sessions within the last month of ETF operations, reflecting sustained institutional demand for its investment product iShares Bitcoin Trust (IBIT). 

With this new addition, BlackRock reached a total of 785,900 BTC in its portfolio, valued at approximately $61 billion at current prices.

Its operations contrast with the performance of Grayscale during the same period. The Grayscale Bitcoin Trust recorded net outflows of $254.7 million, in a trend that exposes investor skepticism toward its product compared to that of its competitor.

While major funds grapple with selling pressure and persistent volatility, BlackRock maintains an accumulation strategy that shows no signs of slowing down. The divergence between both asset managers marks a clear reshuffling within the spot Bitcoin ETF segment in the institutional market.

Source: https://x.com/arkham/status/2099737736311964069



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