The BlackRock iShares Bitcoin Trust (IBIT) purchased 1,910 BTC valued at approximately $210.9 million on October 21, underscoring strong institutional demand for digital assets amid renewed market momentum.The BlackRock iShares Bitcoin Trust (IBIT) purchased 1,910 BTC valued at approximately $210.9 million on October 21, underscoring strong institutional demand for digital assets amid renewed market momentum.
BlackRock Spot Bitcoin ETF Buys 1,910 BTC Worth $210.9 Million on October 21
The BlackRock iShares Bitcoin Trust (IBIT) purchased 1,910 BTC valued at approximately $210.9 million on October 21, underscoring strong institutional demand for digital assets amid renewed market momentum.
According to on‑chain and ETF flow data, the transaction represents one of IBIT’s largest single‑day accumulations this quarter, boosting the fund’s total Bitcoin holdings to nearly 290,000 BTC. The latest inflows reflect investors’ growing confidence as Bitcoin continues trading above $110,000.
Analysts suggest the renewed accumulation by major asset managers like BlackRock may reinforce bullish sentiment across the broader crypto market, signaling sustained institutional adoption despite regulatory headwinds.
BlackRock launched its spot Bitcoin ETF in January 2024 and quickly became the world’s largest crypto exchange‑traded fund, attracting billions in inflows from both retail and institutional investors.
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