BlackRock BTC spot ETFs bought $6.81 billion BTC in two days; BTC ETFs bought $1.38 billion worth of BTC in the last three days

According to LookOnChain, BlackRock's Bitcoin spot ETF IBIT bought 10,126 BTC worth $68.1 billion over the past two days, as of the 16th (local time). On the 16th alone, IBIT added 5,802 BTC (about $3.9 billion) and now holds about 380,972 BTC (about $258.3 billion).

Meanwhile, blockchain analytics firm ARKM reported that “U.S. Bitcoin spot ETFs bought $13.8 billion worth of BTC over three days this week. This is the most in the last four months,” the analyst said. “BlackRock has bought more than 50% of the ETFs' volume this week,” Arkham continued. In the last three days alone, the firm has purchased $760 million worth of BTC.”