BlackRock Buys $289M as ETF Inflows Surge
The post BlackRock Buys $289M as ETF Inflows Surge appeared on BitcoinEthereumNews.com.
BlackRock buys $289M in Bitcoin as U.S. spot Bitcoin ETFs record a two-week high of $500M in daily inflows led by IBIT. Large U.S. Bitcoin ETFs saw strong demand this week as BlackRock purchased $289 million in Bitcoin within one hour. The activity occurred during the best single-day inflow for U.S. spot Bitcoin ETFs in two weeks, with total inflows near $500 million. BlackRock Records Major Bitcoin Purchase Data showed that BlackRock moved about 4,309 BTC to the iShares Bitcoin Trust (IBIT) wallets on Feb. 26. Transfers came from Coinbase Prime hot wallets. The movement took place in several batches within the same hour. Arkham Intelligence and Lookonchain shared logs showing multiple 300 BTC transfers to IBIT-linked addresses. Each transfer was valued at around $20 million based on market prices. A smaller transfer of about 108.6 BTC was also recorded. The timestamp for these transfers was around 5:45 PM UTC. BlackRock keeps adding more $BTC. In the past hour, #BlackRock received 4,309 $BTC($289.6M).https://t.co/qmuDIrPHc6 pic.twitter.com/ijZHrjhHrA — Lookonchain (@lookonchain) February 26, 2026 BlackRock had purchased BTC worth $64.5 million five days earlier. This followed a day after the firm moved $173 million in BTC to Coinbase. Market watchers tracked this activity because other ETFs reported outflows during that period. ETF Inflows Reach Two-Week High According to SoSoValue, U.S. spot Bitcoin ETFs saw $506.51 million in net inflows on Feb. 25. This was the highest one-day inflow in two weeks. Total cumulative inflows have now reached about $54.57 billion across all issuers. IBIT led the day with $297.37 million in inflows. Fidelity’s FBTC recorded $30.09 million, and GBTC posted $102.49 million. BITB from Bitwise added $39.37 million. These figures show that IBIT continues to attract the most inflows among U.S. spot Bitcoin ETFs. Grayscale and VanEck saw inflows of $19.29 million and $15.61…
Filed under: News - @ February 27, 2026 10:27 am