BlackRock's $11.6T Valuation Backs $5.4B Bitcoin Surge, IBIT ETF on 16-Day Inflow Streak

By: defi news|2025/05/07 17:00:08
0
Share
copy
BlackRock Inc., with a market valuation of $11.6 trillion, has significantly increased its Bitcoin holdings, with its iShares Bitcoin Trust (IBIT) ETF purchasing over $5.4 billion worth of Bitcoin-related assets, according to a recent 13F filing. The firm's aggressive accumulation continued last week, with IBIT acquiring $2.5 billion worth of Bitcoin, averaging $500 million daily.On May 2, IBIT alone saw a substantial inflow of $674.91 million, while other Bitcoin ETFs recorded no inflows, highlighting BlackRock's dominant position in the Bitcoin ETF market. The firm's ETF has been on a 16-day inflow streak, adding a total of $4.6 billion during this period, with 47,064 BTC purchased since April 21.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

You may also like

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

This article systematically analyzes the technical principles and commercial value of the ERC-8183 protocol from the dimensions of technical architecture, core mechanisms, application scenarios, and ecological collaboration.

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

ETH is undergoing a paradigm shift from a "volatile asset" to a "yield-generating cash flow asset."

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

In 1984, Apple killed the command line with a mouse. In 2026, Agent is killing the mouse.

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

x402 makes payments within the agreement, while MPP makes system-level payments.

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

Popular coins

Latest Crypto News

Read more