BlackRock Buys Bitcoin Again with $140 Million

BlackRock has purchased $138.9 million worth of Bitcoin, following a resurgence in Bitcoin prices and renewed inflows into Bitcoin ETF markets. The Bitcoin ETF sector showed signs of recovery, with $181 million in net inflows during the latest trading session. Institutional investor interest appears to be rebounding after weeks of cautious sentiment. BlackRock's purchase reinforces the ongoing demand for Bitcoin and growing optimism about related investment products. In contrast, XRP ETF inflows have slowed recently, with most trading sessions showing zero net inflows despite earlier outperformance over Bitcoin and Ethereum.