BlackRock IBIT Draws Hundreds of Millions in Inflows Building Bitcoin Downside Support at $100,000
As Bitcoin (BTC) continues to experience extreme volatility while approaching the $100,000 milestone, a massive influx of institutional capital into BlackRock’s IBIT is building a powerful downside support line in the market, signaling the opening chapter of a new rally.
According to cryptocurrency-focused media outlet Cointelegraph on February 7 (local time), BlackRock’s spot Bitcoin ETF, IBIT, recorded hundreds of millions of dollars in net inflows during recent trading sessions alongside unprecedented trading volume. Even as sharp price swings in Bitcoin temporarily dampened investor sentiment, institutional investors have been aggressively expanding their positions through IBIT. This trend is viewed as a key indicator that liquidity in the digital asset market has become richer than ever before.
Robert Mitchnick, Head of Digital Assets at BlackRock, analyzed that the current market volatility actually offers an attractive entry point for long-term investors. He emphasized that the funds flowing into IBIT represent large-scale capital seeking portfolio diversification rather than speculative players chasing short-term returns. BlackRock positions Bitcoin as a digital asset with characteristics similar to traditional safe-haven assets such as gold, further solidifying its role within institutional finance.
Since its launch, IBIT has been on a remarkable growth trajectory, becoming the fastest crypto ETF in history to surpass $10 billion in assets under management. In the past 24 hours alone, approximately $500 million in additional capital flowed in, while IBIT has maintained an overwhelming share of the overall spot ETF market. These large-scale inflows are rapidly absorbing sell pressure even during temporary price declines, serving as a decisive force driving price recoveries.
Financial industry experts expect BlackRock’s successful establishment to act as a catalyst for other global financial institutions, such as Fidelity and Ark Invest, to further participate in the digital asset market. Major asset managers are fiercely competing to attract institutional capital through spot ETF products, and this competitive influx of funds is strengthening the market’s underlying fundamentals. As Bitcoin becomes integrated as a core asset class within the institutional financial system, market maturity has increased and the risk of sudden price collapses has significantly diminished, according to prevailing assessments.
The Bitcoin market has now entered a phase of energy consolidation aimed at breaking above the $100,000 mark, with IBIT’s net inflow trend expected to serve as the most reliable barometer for future price direction. As institutional buying remains robust, Bitcoin’s intrinsic value is poised to become even more pronounced, and the long-term upward trajectory is expected to steepen further. BlackRock’s assertive moves, setting the standard for global asset management, indicate that Bitcoin has fully established itself as an essential pillar of the global financial landscape.
*Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on this information. The content should be interpreted solely for informational purposes.*
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