The BlackRock iShares Bitcoin Trust ETF (IBIT) has reported a remarkable $970.9 million inflow, marking its second-largest inflow since launching in January 2024. This surge reflects growing institutional interest in Bitcoin as ETFs gain traction in mainstream finance. Market analysts note that these inflows provide structural support for Bitcoin’s ongoing price appreciation, which could set the stage for further bullish trends in the upcoming months. As the investment landscape evolves, BlackRock’s significant move underscores the increasing acceptance and integration of cryptocurrencies in traditional finance. Investors are keen to see if this trend continues, potentially driving Bitcoin prices higher and attracting more institutional involvement in the cryptocurrency market.