BlackRock’s spot Bitcoin ETF IBIT logged $505 million of net inflows from July 14 to 20 as its holdings rose to about 738,000 BTC, valued at roughly $49.16 billion.
BlackRock’s spot Bitcoin ETF IBIT recorded total net inflows of $505 million over the five days from July 14 to 20, while adding about $500 million worth of Bitcoin with no sales confirmed. The purchases lifted the fund’s holdings to about 738,000 BTC, valued at roughly $49.16 billion. The one-way accumulation adds to signs of sustained institutional demand for Bitcoin exposure through regulated investment products.