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BlackRock clients buy 1,495 Bitcoin worth $115M via iShares Bitcoin Trust ETF

Market News
03 Sep 2026, 08:50 WIB
Crypto Briefing
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Bullish
BlackRock clients buy 1,495 Bitcoin worth $115M via iShares Bitcoin Trust ETF

BlackRock's clients purchased 1,495 Bitcoin, valued at about $115.45 million, through the iShares Bitcoin Trust (IBIT), a leading US spot Bitcoin ETF. IBIT has attracted roughly 75% of new capital flowing into US spot Bitcoin ETFs recently, managing around $59 billion in assets since its January 2024 launch. The purchases reflect growing institutional demand for regulated Bitcoin exposure, mainly from pension funds and wealth managers using Bitcoin as part of diversified portfolios. However, the concentration of ETF capital in IBIT raises concerns about potential market risks if the fund faces operational or regulatory issues.

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