{"id":31198,"date":"2026-08-04T14:25:10","date_gmt":"2026-08-04T13:25:10","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/04\/blackrock-buys-111-million-bitcoin-24-hours\/"},"modified":"2026-08-04T14:25:22","modified_gmt":"2026-08-04T13:25:22","slug":"blackrock-buys-111-million-bitcoin-24-hours","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/blackrock-buys-111-million-bitcoin-24-hours\/","title":{"rendered":"BlackRock Injects $111 Million Into Bitcoin Within 24 Hours"},"content":{"rendered":"\n

BlackRock<\/strong> has just made a massive Bitcoin<\/strong> purchase worth $111 million<\/strong> \u2014 less than 24 hours after recording an outflow. A sharp reversal that has not gone unnoticed across the markets.<\/p>\n\n\n\n

The move raises a central question: is this a simple portfolio rebalancing, or a strong strategic signal from the world’s largest asset manager<\/strong>?<\/p>\n\n\n\n

Meanwhile, Bitcoin<\/strong> remains anchored around $63,000<\/strong>, holding within a consolidation zone that traders are watching closely.<\/p>\n\n\n\n

A $111 Million Purchase That Rattles the Market<\/h2>\n\n\n\n

BlackRock<\/strong>, which manages over $10 trillion in assets under management<\/strong>, has added a significant amount of Bitcoin<\/a><\/strong> to its holdings through its iShares Bitcoin Trust spot ETF (IBIT)<\/strong>. This buy comes in a particularly notable context: the day before, the American giant had recorded a net outflow, briefly fueling speculation about institutional disengagement.<\/p>\n\n\n\n

This type of behavior \u2014 selling and then buying back within 48 hours \u2014 is characteristic of active liquidity management rather than a capitulation signal. Bitcoin ETF inflows and outflows are now tracked in real time by tools such as CoinGlass<\/strong>, which allow traders to detect these institutional moves with unprecedented precision.<\/p>\n\n\n\n

What this move confirms above all is BlackRock<\/strong>‘s persistent appetite for Bitcoin<\/strong> as a strategic reserve asset. Since the launch of IBIT in January 2024<\/strong>, the fund has accumulated several billion dollars in BTC, establishing itself as one of the largest institutional holders in the world.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Bitcoin at $63,000: A Consolidation Under Pressure<\/h2>\n\n\n\n

Despite this major purchase, Bitcoin<\/strong> has not responded with a significant price surge. The price is hovering around $63,000<\/strong>, a level that has been acting as a key support zone for several weeks. From a technical standpoint, this horizontal consolidation can be read in two ways: either as a quiet accumulation phase ahead of a bullish breakout, or as resistance to the absorption of selling volume.<\/p>\n\n\n\n

On-chain indicators remain broadly constructive. The Net Unrealized Profit\/Loss (NUPL)<\/strong> is holding in positive territory, and data from CryptoQuant<\/strong> shows that Bitcoin<\/strong> exchange outflows are continuing \u2014 a classic signal of accumulation by strong hands. Short-term selling pressure appears to be absorbed, but the market is waiting for a clear catalyst to break the deadlock.<\/p>\n\n\n\n

The $65,000 to $66,000<\/strong> range represents the next significant resistance level. A daily close above this zone could trigger a move toward $70,000<\/strong>, a major psychological threshold. Conversely, a break below $61,000<\/strong> would reopen the debate around a deeper correction.<\/p>\n\n\n\n

BlackRock: The Driving Force Behind Institutional Bitcoin Flows<\/h2>\n\n\n\n

BlackRock<\/strong>‘s behavior cannot be analyzed in isolation. Since the SEC’s approval of spot Bitcoin ETFs in January 2024<\/strong>, institutional flows have fundamentally transformed the structure of the market. US-listed Bitcoin ETFs have collectively absorbed tens of billions of dollars, with BlackRock<\/strong> leading the pack.<\/a><\/p>\n\n\n\n

What this latest purchase illustrates is the dynamic of institutional dollar-cost averaging<\/strong>: large funds do not enter all at once \u2014 they build their positions gradually, taking advantage of pullbacks and consolidation phases to accumulate at levels they consider attractive. At $63,000<\/strong>, BlackRock<\/strong> appears to view Bitcoin<\/strong> as an entry opportunity rather than a risk to avoid.<\/p>\n\n\n\n

For retail investors, this signal deserves attention: when the world’s largest asset manager<\/strong> buys aggressively less than 24 hours after selling, it reflects a deep-seated conviction about the long-term trajectory of Bitcoin<\/strong><\/a> \u2014 regardless of short-term price fluctuations.<\/p>\n\n\n\n

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