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BlackRock buys $612M in Bitcoin ETFs, signaling strong institutional confidence despite unrealized losses.

Market News
13 Apr 2026
Zycrypto
View Source
Bullish
pluang ai news

BlackRock made significant Bitcoin ETF purchases worth around $612 million last week, contributing to a total net inflow of $786 million across Bitcoin funds. Their IBIT Bitcoin trust remains the largest Bitcoin ETF, holding about 790,808 BTC valued at $56.5 billion. Despite investors facing $12 billion in unrealized losses due to a higher average cost basis near $89,000 per Bitcoin, buying activity continues, reflecting strong institutional confidence. This sustained demand may help stabilize Bitcoin prices and indicate growing institutional conviction in the cryptocurrency's future.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
3 hours ago
Garmin launches G2000 PRIME, a premium flight deck for high-performance piston and electric aircraft.

Garmin launches G2000 PRIME, a premium flight deck for high-performance piston and electric aircraft.

Garmin introduced the G2000 PRIME, a new integrated flight deck designed for high-performance Class I/II piston and electric aircraft. It features large, edge-to-edge touchscreen displays with advanced multi-touch capabilities, faster processors, and...

Others
Bullish
4 hours ago
UniFirst named to Selling Power's 60 Best Companies to Sell For list for 23rd year straight.

UniFirst named to Selling Power's 60 Best Companies to Sell For list for 23rd year straight.

UniFirst Corporation has been recognized on Selling Power's 60 Best Companies to Sell For list for the 23rd consecutive year, highlighting its strong sales culture and support for sales professionals. The list evaluates companies on compensation, tra...

Market News
Bullish
4 hours ago
Reactive Hot Melt Adhesives market to hit $4.29B by 2035, driven by automotive and furniture demand.

Reactive Hot Melt Adhesives market to hit $4.29B by 2035, driven by automotive and furniture demand.

The global Reactive Hot Melt Adhesives market is projected to grow from USD 2.02 billion in 2025 to USD 4.29 billion by 2035, at a CAGR of 7.72%. Growth is fueled by regulations limiting solvent adhesives, increased use of polyurethane adhesives in a...

Others
Bullish
4 hours ago
Montero completes deep drillhole at Elvira Gold Project, confirming key geological targets with assays pending.

Montero completes deep drillhole at Elvira Gold Project, confirming key geological targets with assays pending.

Montero Mining completed drillhole MON-ELV-02 to 625.25 meters at its Elvira Gold Project in Chile, successfully testing its top exploration target. The hole confirmed predicted volcanic and porphyry sequences with extensive pyrite and high-sulphidat...

Market News
Bullish
4 hours ago
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