By Marco Piccolo Despite underperforming gold in terms of year-to-date price performance, Bitcoin is attracting stronger institutional investment flows, signaling a long-term vote of confidence in the digital asset’s prospects. Lifted by geopolitical tensions, inflationary concerns, and global economic uncertainties, the price of gold has rallied nearly 29% this year, while Bitcoin has managed a […]
Tag: IBIT
By Emir Abyazov Investment world giant BlackRock (NYSE:BLK) continues to aggressively buy up Bitcoin, pouring colossal sums into the cryptocurrency market. On April 28, the company purchased $970 million worth of Bitcoins through its iShares Bitcoin Trust (IBIT) exchange-traded fund. This is the second-largest purchase volume in the fund’s history; the record was set on […]
By mrblockchain Bitcoin ETFs are experiencing a resurgence as the cryptocurrency market recovers, with significant institutional inflows. Spot Bitcoin ETFs saw a massive $442 million inflow on April 24, 2025, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $327.3 million of that total. MicroStrategy co-founder Michael Saylor predicts IBIT could become the largest ETF globally […]