BlackRock Acquires 477 Bitcoin for $84 Million on April 21, Amid $381 Million ETF Inflows

BlackRock Inc. has increased its Bitcoin holdings by purchasing $84 million worth of the cryptocurrency for its spot Bitcoin ETF on April 21, 2025, acquiring 477 Bitcoin. This move adds to BlackRock's position in the cryptocurrency market.
On the same day, U.S. Bitcoin spot ETFs recorded a total net inflow of $381 million, the highest single-day gain since late January. This included 4,480 BTC bought, with ARKB leading the inflows at $116.1 million, followed by Fidelity's FBTC with significant inflows. In contrast, Ethereum spot ETFs saw a net outflow of $25.42 million, with 16,010 ETH sold, indicating a divergence in investor interest between the two leading cryptocurrencies.
BlackRock also made an additional purchase of $41.6 million worth of Bitcoin on April 22, 2025, further signaling institutional interest in Bitcoin.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Advertisement
Get an edge in Crypto with our free daily newsletter
Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri
90k+ Defiers informed every day. Unsubscribe anytime.





