BlackRock’s $254 Million Bitcoin Purchase in 24 Hours: They Are Not Stopping

Meanwhile, Ethereum, trying desperately to keep up with its older sibling Bitcoin, added a rather modest $6.57 million in net inflows. It’s like showing up to a party with a cupcake while everyone else is lugging around cakes the size of small houses. Still, let’s not be too harsh-three days of consecutive inflows is a feat in itself. Who says slow and steady doesn’t win the race? With all the volatility and macroeconomic chaos swirling around like a blender on high, these inflows indicate that institutional buyers are doing what they do best: slowly sliding into the market like a ninja in socks.

