BlackRock added nearly half a billion dollars of BTC this week through its IBIT Bitcoin ETF, withdrawing 1.84K BTC (~$118.9M) from Coinbase Prime in a single day and reaching a weekly total of 7.32K BTC (~$478.5M).
BlackRock: IBIT ETF Accumulates 7.32K BTC This Week
BlackRock added nearly half a billion dollars of BTC this week through its IBIT Bitcoin ETF, withdrawing 1.84K BTC (~$118.9M) from Coinbase Prime in a single day and reaching a weekly total of 7.32K BTC (~$478.5M).
blockchain.news
Publisher
Aug 8, 2026 at 1:13 AM UTC · Updated hace 17 días · 1 min de lectura
Entities
bitcoin, blackrock
Market Impact
BTC+2.28%$79,100
Last Updated
hace 17 días
These Bitcoin ETF inflows arrive while BTC trades at $64918.79 inside its Bollinger Bands, pressing against upper resistance at $65195.54 with RSI(14) at 61.0 and MACD holding a golden cross at 277.97. The EMA50 at $64221.05 and EMA200 at $63673.41 sit below price as layered support, creating a technical confluence that favors continuation toward higher targets before any test of the 50-EMA.
This pattern reinforces current BTC price prediction models and crypto market trends driven by sustained institutional demand.
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Market Context
Bitcoin
BTC
$78,984
+2.13% (24H)
Market Cap
$1.58T
24H Volume
$40.0B
24H High
$79,979
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