BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

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.

- Advertisement -

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.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Mastercard and BVNK Launch Global Money Platform

Mastercard and BVNK launched the Global Money Platform, a modular infrastructure layer letting businesses...

FBI helps dismantle crypto scam targeting Russian speakers

The FBI and Brooklyn District Attorney’s Virtual Currency Unit dismantled a crypto scam network...

Tron files $200M ATM offering to fund TRX purchases

Tron filed for a $200 million at-the-market share offering to raise capital for TRX...

Critical Drupal Field UI RCE: Patch Now, Uninstall Module

Drupal core’s Field UI module contains a critical remote code execution vulnerability tracked as...

Musk Praises Micron Memory Pricing, Boosts MU Stock Forecast

Elon Musk publicly endorsed Micron on October 13, 2026, praising its fair approach to...

Must Read

How to Check The Rarity of An NFT

Whenever you invest in an NFT collection, you might have noticed that some NFTs are more expensive than others. NFT collections are often made...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading