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May 17, 2026
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Bitcoin Desk

Bitcoin investors realize over $5.4B in profits this week

Bitcoin investors realized over $5.46 billion in profits this past week, as short-term holders actively booked profits during a strong price surge to multi-week highs. This surge was propelled by easing geopolitical tensions and a broader risk-on shift in global markets, coupled with signs of recovery in spot Bitcoin ETFs

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Bitcoin ETFs buy over $223M worth of Bitcoin in one day

Today, Bitcoin exchange-traded funds (ETFs) purchased over $223 million worth of Bitcoin, as reported by Farside. This surge in buying underscores the growing importance of Bitcoin ETFs, which hold physical BTC to reflect the cryptocurrency’s spot price, allowing investors to gain exposure without directly managing the asset. As traditional finance

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BlackRock clients purchase $167M in Bitcoin

BlackRock’s clients purchased $167.45 million worth of Bitcoin, contributing to a recent trend of substantial inflows into spot Bitcoin ETFs, primarily led by BlackRock’s own IBIT. This influx comes amid heightened competition in the market, as Morgan Stanley has launched a spot Bitcoin ETF with lower fees, intensifying the rivalry

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BlackRock buys $109M worth of bitcoin

BlackRock has purchased $109 million worth of Bitcoin, marking a significant move in the cryptocurrency market. This acquisition comes as BlackRock’s iShares Bitcoin Trust ETF facilitates client purchases and has recently recorded its highest-ever trading […]

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