BlackRock’s IBIT buys $195.6 million of Bitcoin in a day, $1.57 billion over the past month

BlackRock's IBIT fund bought $195.6 million of Bitcoin in a single day, totaling $1.57 billion over the past month. The purchases highlight a shift toward institutional investment in regulated crypto products, influencing market dynamics. The acquisitions signal growing demand for Bitcoin exposure through traditional financial vehicles.