BlackRock: IBIT ETF Accumulates $196.6M BTC

BlackRock’s IBIT ETF absorbed 2309.6 BTC valued at $196.6M directly from Coinbase Prime on October 2 2026.

Over the past twelve months institutional flows into spot Bitcoin products have accelerated, with BlackRock consistently leading weekly inflows and tightening available supply on exchanges.

Price action on the 4h chart shows BTC trading above the EMA50 at $83995.44 while the EMA200 at $80365.0 continues to act as structural support; the MACD golden cross at 392.01 keeps bullish momentum intact and the neutral RSI at 48.33 leaves room for an extension toward upper Bollinger resistance at $86145.46 before any retracement to the lower band at $82294.12.