The post BlackRock Boosts Bitcoin Holdings by $256M appeared first on Coinpedia Fintech News
BlackRock’s iShares Bitcoin Trust (IBIT) purchased another $256 million worth of Bitcoin on April 21, continuing its aggressive accumulation strategy. The move follows recent buys of 3,672 BTC and 3,899 BTC earlier in the week. With total holdings now valued at over $61 billion at around $76,000 per Bitcoin, IBIT remains the largest spot Bitcoin ETF. Strong weekly inflows of more than $600 million highlight rising institutional interest as major players steadily accumulate during market pullbacks.