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BlackRock ETF Adds $297M in Bitcoin Amid Market Slump

BlackRock ETF $300M inflow boosts Bitcoin 4.4%, yet remains down 46% from peak.

  • BlackRock‘s iShares Bitcoin Trust (IBIT) saw its highest single-day inflow since February 9, with $297.4 million on February 25, 2026.
  • Bitcoin’s price rallied 4.4% in the last 24 hours following the inflow, offering some relief after a significant market correction.
  • Despite the uptick, Bitcoin remains down approximately 46% from its all-time high of $126,080 and faces a bearish market environment.
  • CoinCodex analysts predict Bitcoin could rally to nearly $79,706 by March 8, though they expect a subsequent correction.
  • Investor risk appetite is described as “substantially low,” with a clear preference for traditional safe-haven assets.

On February 25, 2026, BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), recorded a significant $297.4 million inflow, marking its strongest daily performance in over two weeks according to Farside Investors. This notable capital injection coincided with a temporary rebound for Bitcoin’s price, which has struggled in a bear market for several months.

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Consequently, the cryptocurrency’s price rallied 4.4% in the last 24 hours based on the latest market data. However, the asset still faces a major downturn, having fallen nearly 46% from its all-time high of $126,080 and remaining over 22% down for the month.

Meanwhile, Bitcoin has tested the $70,000 price level twice in February, facing rejection on both occasions. Investor risk appetite is described as “substantially low,” with many continuing a risk-off approach toward assets like Gold and silver.

Nevertheless, some analysts project a potential near-term rally for the flagship cryptocurrency. CoinCodex anticipates the asset could climb to $79,706 by March 8, 2026, representing a gain of roughly 16.86% from current levels. Their forecast does not expect Bitcoin to sustain prices above $77,000, however, predicting a correction will soon follow any surge.

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