Is BlackRock aggressively buying Bitcoin nonstop?
VERDICT
CONFIDENCE
85%
Direct Answer
BlackRock's iShares Bitcoin Trust (IBIT) has seen steady inflows, including $600 million over the past week reaching 788,927 BTC and a $269.3 million single-day record on April 9, 2026, but recent reports show mixed ETF flows with $291 million outflows on April 14 amid BTC gains. No evidence supports 'nonstop buying millions of BTC every few minutes' or ties purchases to an impending Fed emergency report.
Why People Get This Wrong
People believe BlackRock is aggressively buying Bitcoin nonstop because its IBIT ETF has shown substantial net inflows and BTC accumulation over time, with headlines highlighting large weekly purchases like $612 million, creating an impression of relentless direct action by the firm[1][2]. This overlooks that ETF purchases reflect investor-driven inflows into the fund, not BlackRock's own capital, and the holdings history reveals intermittent outflows and balance decreases on specific days, such as net losses of thousands of BTC in late January 2026[3]. The kernel of truth in ongoing institutional interest via ETFs fuels the exaggeration of nonstop aggression.
Sources & Methodology
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