BlackRock Drives Institutional Crypto Inflows With $600.1 Million Bitcoin Purchase as Price Nears $74,000
Bitcoin’s price is edging toward $74,000 amid international geopolitical tensions, supported by substantial net inflows into spot BTC ETFs led by BlackRock’s $600.1 million acquisition over the past week. Ethereum also logged $160.9 million in weekly inflows, while broader crypto market gains pushed total capitalization toward $2.6 trillion as traders brace for key US inflation and interest rate updates on Wednesday.