BlackRock Clients Buy 3,948 BTC Worth $372M via IBIT ETF
Traditional investors are steadily returning to the crypto market later than a prolonged period of reduced exposure, with fresh capital flowing back into . Over the past two trading days, institutional demand has strengthened, signalling a renewed bullish outlook among large investors.
According to from SosoValue, BTC ETFs recorded total inflows of $1.168 billion over the last two sessions. A significant portion of this came on Monday alone, when $697.2 million entered the market.
BlackRock clients dominated the day’s activity, accounting for more than half of the total inflow with $372 million in purchases through the iShares BTC Trust (IBIT). This translates to 3,948 BTC added to the fund in a single day.
At present, BlackRock’s IBIT holds the largest share of BTC among all spot ETFs, controlling approximately 3.90% of the total circulating supply. The fund’s BTC holdings are now valued at $73.39 billion. Such sustained accumulation suggests growing confidence among institutional investors and points to a positive outlook for BTC’s price in the near term.
Fidelity’s FBTC followed as the second-largest contributor to ETF inflows, recording $191 million, while Bitwise posted a more modest $38.45 million.
Notably, there were no net outflows across any of the tracked BTC ETFs for the trading session ending Monday, December 5, reinforcing the strength of institutional demand.
Institutional inflows of this scale often serve as a reliable indicator of market direction. When large funds increase exposure, it typically reflects expectations of further upside and can influence broader market sentiment across digital assets.
to the renewed purchaseing pressure. The asset recorded a 1% gain and was trading at $93,385 at press time. This marks the first sustained move well above the $90,000 level since December 12, when BTC last exited this range, suggesting a potential shift in market structure.
BTC Retail Join the Pack
Institutional investors are not the only participants returning to the market. Retail activity is also showing signs of recovery, particularly through centralized platforms.
from CoinGlass’ spot platform netflow tracker, which monitors BTC inflows and outflows across major platforms, indicates a return to net purchaseing.
As of today, retail investors have purchased BTC worth approximately $156.7 million. This marks their first net accumulation in the past four days, following a period in which this group had sold an estimated $373.51 million worth of BTC.
The return of both institutional and retail purchaviewrs strengthens the broader market narrative. When these two groups align on the purchase side, it often provides stronger support for price stability and potential upside continuation.
Ultimately, BTC’s near-term trajectory will depend heavily on whether bullish sentiment remains intact. Sustained accumulation, combined with improving market confidence, could reinforce upward momentum and shape the next phase of the asset’s price action.
