Bitcoin ETF Inflows Soar as BlackRock's IBIT Dominates More Than 50% of the Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Institutional Adoption of Bitcoin: Bitcoin ETF inflows, particularly from BlackRock’s IBIT fund, are significantly reshaping the cryptocurrency market, with IBIT controlling over half of the U.S. spot Bitcoin ETF market and 3.84% of Bitcoin's circulating supply.
Market Sentiment and Price Projections: With daily inflows nearing $200 million and a bullish call-to-put ratio, Bitcoin is currently trading around $116,228, with analysts suggesting that it may soon reach the $120,000 mark due to strong institutional demand.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






