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BlackRock's IBIT buys 1,810 Bitcoin worth $209.2M on Sept. 16

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Institutional appetite for Bitcoin grows as BlackRock's ETF adds 1,810 BTC to its holdings

BlackRock's IBIT buys 1,810 Bitcoin worth $209.2M on Sept. 16
Photo: Erik McGregor

Key Takeaways

  • BlackRock's Bitcoin ETF, IBIT, purchased 1,810 Bitcoin on September 16.
  • The value of this purchase amounts to $209.2 million.

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BlackRock’s Bitcoin ETF IBIT purchased 1,810 Bitcoin worth $209.2 million on Sept. 16.

The acquisition represents continued institutional investment in the leading digital asset through the exchange-traded fund vehicle.

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