BlackRock now holds 572,616 BTC, equating to 2.7% of the total Bitcoin supply. This milestone followed a significant purchase of $600M worth of Bitcoin on January 22, marking its largest acquisition in 2025, according to Arkham Intelligence.
📈 Record-Breaking ETF Performance
BlackRock’s iShares Bitcoin ETF (IBIT) continues its dominance, with trading volumes surpassing $1 billion within two hours on January 24. The ETF recorded net inflows of $155.69M that day, bringing cumulative inflows to $39.73B, making it the fastest-growing ETF ever, as noted by Bloomberg.
💡 Future Adoption Insights
BlackRock's Head of Digital Assets, Robert Mitchnick, highlighted the early stages of Bitcoin adoption among wealth advisors and institutions. CEO Larry Fink predicted Bitcoin’s price could skyrocket to $500,000–$700,000 as adoption accelerates globally.
📉 Bitcoin Price Faces Challenges
Despite these bullish developments, Bitcoin started the week on a downturn, falling below $100K. At the time of writing, BTC was trading at $99,090, reflecting a 5.6% decline over 24 hours.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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