BlackRock Makes Its First Purchase of the Week, Scooping Up $140M in BTC During the Price Rebound

BlackRock Unloads Over $10 Billion in Crypto Since the Start of 2026
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BlackRock acquired Bitcoin for $138.9 million, marking its first purchase of the week and putting an end to a prolonged selling streak in the Bitcoin ETF market.

The transaction was detected by an onchain tracking platform and coincided with a price rebound in BTC, which reclaimed the $65,000 level driven by intensifying institutional demand.

BlackRock’s move directly reflects the renewed interest from institutional investors, following several weeks of extreme caution in the Bitcoin ETF market. During the latest trading session, the combined group of these funds recorded inflows of $181 million, a figure in which BlackRock’s purchase represents a more than considerable share and confirms that the firm maintains its leadership position within the market.

BlackRock continues to strengthen the dominant position of its funds. Meanwhile, XRP ETFs are showing signs of stagnation. Market analysts anticipate that similar transactions could follow in the coming days, as optimism surrounding the Bitcoin-based investment product continues to grow.

Source: https://twitter.com/whaleinsider/status/2077281018776539260


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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