U.S. spot Bitcoin ETFs extended their positive momentum, recording approximately $1.9 billion in net inflows over a seven-day streak ending April 24. BlackRock’s IBIT continues to lead institutional demand, contributing significantly to the recent recovery from earlier yearly outflows. On-chain data reveals short-term holders are actively taking profits as Bitcoin approaches psychological resistance at $80,000. Institutional appetite for...

BlackRock’s iShares Bitcoin Trust (IBIT) has reached a new all-time high, surpassing 806,700 BTC in total holdings. The milestone follows nine consecutive trading days of net inflows, with the fund adding approximately 21,500 BTC during that period. IBIT currently commands roughly 49% of the total U.S. spot Bitcoin ETF market share, valued at over $63.7 billion. BlackRock’s iShares Bitcoin Trust (IBIT) has set a new record for its Bitcoin...