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April 29, 2025

BlackRock’s IBIT Sees $970 Million Inflows as Bitcoin Stays Below $95,000

BlackRock’s Bitcoin private trust, IBIT, has attracted nearly $970 million in net inflows as Bitcoin’s price hovers just below $95,000. Investors appear eager to capitalize on potential growth opportunities in the cryptocurrency market, even amidst a lack of significant upward movement in price. Analysts suggest that ongoing trade negotiations and upcoming economic indicators could provide essential insights into Bitcoin’s future trajectory, keeping investors engaged in the market despite current uncertainties.

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