BlackRock Buys $289M Bitcoin: Is The Bottom Served?
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BlackRock, the largest issuer of both Bitcoin (BTC) & Ethereum (ETH) ETFs, has just made a major move that got market watchers scratching their heads. On February 26, 2026, BlackRock’s iShares Trust (IBIT) received a whopping 4,309 Bitcoin in less than an hour. Why BlackRock’s Timing Of Purchase Has Rebound Traits This rush hour came from Coinbase Prime, adding $289.6 million at stamped transaction time. This underscores rapid institutional accumulation even amidst the roughest of crypto winters. Typically, Wall Street’s big boys like BlackRock are looking to capitalize on retail’s fear, and the current sentiment depicts exactly that. https://twitter.com/lookonchain/status/2027062579848528032
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