
BlackRock goes on a $1.4B Bitcoin buying spree in 6 days as ETF frenzy heats up!
Date: 2025-06-18 12:22:03 | By Percy Gladstone
BlackRock Goes All In: $1.4 Billion Bitcoin Buying Frenzy!
Asset Giant on a 6-Day Streak, Snapping Up BTC Like There's No Tomorrow
Hold onto your hats, crypto fans! BlackRock, the mega ETF issuer and asset management titan, is diving deep into the Bitcoin pool, splashing billions of dollars into their BTC stash. It's like they can't get enough of that digital gold!
Get this: on June 17, BlackRock scooped up a cool $250 million worth of Bitcoin. But that's just the tip of the iceberg, folks. They've been on a wild six-day buying spree, racking up a staggering $1.4 billion in BTC. It's like they're on a mission to own the entire blockchain!
BLACKROCK BUY STREAK: $1.4 BILLION OF BTC FOR 6 DAYS STRAIGHT
BlackRock bought over $250M of BTC today, bringing their streak up to $1.4 Billion.
BlackRock has now bought BTC for 6 days in a row.
And it's not just BlackRock's personal wallet that's growing. Their iShares Bitcoin Trust (IBIT) is sucking in cash like a vacuum, leading the pack among spot Bitcoin ETFs with a massive $639.2 million in net inflows on the same day as their latest BTC grab. Meanwhile, other big names like Fidelity, ARK, and Bitwise are bleeding out. It's a bloodbath out there!
But wait, there's more! IBIT just hit a mind-blowing milestone, becoming the fastest ETF ever to reach $70 billion in assets under management. They did it in just 341 days, leaving the previous record holder, SPDR Gold Shares ETF, in the dust with its 1,691-day run. It's like Usain Bolt in the world of finance!
Now, Bitcoin's price might be down 5% at $104,589, thanks to those pesky geopolitical tensions messing with the market. But BlackRock? They're not sweating it. They're using this dip as a chance to load up even more, showing that institutional demand is still sky-high.
With their latest haul, IBIT's now sitting pretty with $74.8 billion in assets and a whopping 670,295 Bitcoins. That's a lot of digital firepower!
And BlackRock's not alone in this Bitcoin love fest. MicroStrategy, the corporate king of BTC, just dropped another $1.05 billion on the crypto, doubling down on their long-term bullish bet. It's like they're saying, "Bitcoin to the moon, baby!"
Even across the globe, big players like Japan's MetaPlanet and Europe's The Blockchain Group are beefing up their Bitcoin holdings. It's a worldwide party, and everyone's invited!

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