Arkham Data: BlackRock’s Bitcoin ETF Adds $1.57 Billion in BTC Over the Past Month

AI Market Summary

Arkham data indicating BlackRock's IBIT net bought about $1.57B of Bitcoin over the past month, lifting holdings above 800,000 BTC, underscores strong, sustained institutional demand via spot ETFs. Such persistent inflows can tighten liquid supply and improve market depth, supporting broader risk sentiment in crypto in the near term.

Impact level

● High

Affected assets

BTC/USDT-2.13%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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Oct. 3 — Huo Xing Finance, citing Arkham data, said BlackRock's Bitcoin ETF recorded net Bitcoin purchases worth $1.57 billion over the past month. As of press time, the iShares Bitcoin Trust (IBIT) held more than 800,000 BTC, valued at about $67.87 billion.

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