๐ฅ BOOOOOOM!
BlackRock just scooped up $250M worth of Bitcoin ๐ on June 17 โ extending its buying streak to 6 days, now totaling $1.4B in BTC! ๐ผ๐ธ
At the same time, its iShares Bitcoin Trust (IBIT) saw $639.2M in net inflows, dominating all spot Bitcoin ETFs while rivals like Fidelity & ARK saw outflows. ๐๐
๐ IBIT smashed records, becoming the fastest ETF ever to hit $70B AUM โ in just 341 days (vs. Gold ETFโs 1,691).
๐ BTC is down ~5% this week, trading at $104,589, but BlackRock is clearly buying the dip like a boss. ๐ง ๐ป
IBIT now holds 670,295 BTC, worth about $74.8B.
And itโs not just them โ MicroStrategy dropped another $1.05B, while Japanโs MetaPlanet and Europeโs Blockchain Group also boosted their stacks. ๐๐
๐ข The institutions are here, and theyโre not slowing down.
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