Blackrock has increased its Bitcoin holdings to $72 billion

Despite a decline in inflows into spot Bitcoin ETFs, Blackrock's Ishares Bitcoin Trust has attracted over 20,000 BTC, valued at more than $2 billion at current rates, all in the last two weeks. IBIT shares have shown impressive growth of 151%, reflecting the steady increase in the value of Bitcoin.

Comment:

The growing interest in Bitcoin ETFs from Blackrock indicates the continued trust of institutional investors in cryptocurrencies. This could serve as a catalyst for further market growth, attracting new participants and increasing liquidity. However, it is important to monitor regulatory changes that may impact market dynamics.