BlackRock's spot Bitcoin ETF just pulled in a hefty $137.6 million in daily inflows, underscoring relentless institutional appetite for crypto exposure. This surge arrives as Bitcoin consolidates gains from its explosive rally over the past six months, where ETF approvals and halving anticipation drove prices from sub-$50,000 levels to current highs.

Institutional Momentum Builds

Analysts point to this inflow as a continuation of the trend seen in late 2025, when BlackRock and peers amassed billions amid regulatory green lights. Investors flock to these vehicles for seamless Bitcoin access, blending traditional finance with digital assets and boosting overall market liquidity.

In the 4-hour chart, Bitcoin presses against the upper Bollinger Band at $73,217, testing short-term volatility exhaustion while the MACD confirms a bullish golden cross with a strong 910 reading. Price action holds firmly above the EMA50 support at $70,284 and the longer-term EMA200 at $69,049, painting a robust uptrend structure. Yet with RSI at a neutral 67, confluence suggests room for a tactical pullback to the lower band support near $70,502 before resuming the climb, offering savvy traders entry points in this macro bull run.