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Bitcoin Institutional Momentum Accelerates as BlackRock’s IBIT ETF Reaches Historic Milestones

Bitcoin Institutional Momentum Accelerates as BlackRock’s IBIT ETF Reaches Historic Milestones

Published:
2026-02-08 00:32:15
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In a landmark development for cryptocurrency adoption, BlackRock, the world's largest asset manager, has executed a significant transfer of 1,633 bitcoin (valued at approximately $142.6 million) to Coinbase Prime. This transaction, confirmed on February 8, 2026, is described as part of routine liquidity management operations for the firm's groundbreaking iShares Bitcoin Trust (IBIT). The move underscores the mature and institutional-scale infrastructure now supporting Bitcoin investment vehicles. Since its launch in January 2024, the IBIT ETF has shattered records, becoming the fastest-growing ETF in history by accumulating a staggering $70.7 billion in Assets Under Management (AUM) in just 341 days. This explosive growth trajectory highlights a seismic shift in institutional capital allocation toward digital assets. Furthermore, the financial success of the fund is now undeniable; IBIT generates an estimated $245 million in annual management fees, a figure that notably surpasses the fee income from BlackRock's own flagship S&P 500 ETF. With the trust now reportedly holding approximately 3% of Bitcoin's total circulating supply, its influence on market liquidity and structure is profound. This activity signals robust ongoing institutional demand and sophisticated treasury management practices for Bitcoin at the highest levels of traditional finance. The seamless movement of such a large sum via established custodial channels like Coinbase Prime reinforces the normalization of Bitcoin as a core institutional asset class. As the leading cryptocurrency continues to be integrated into the portfolios of the world's most influential financial entities, its long-term valuation fundamentals appear increasingly fortified by deep, sustainable capital inflows.

BlackRock Moves $142.6M in Bitcoin to Coinbase Prime as IBIT ETF Tops $70B AUM

BlackRock transferred 1,633 BTC ($142.6M) to Coinbase Prime, a move characterized as routine liquidity management for its iShares Bitcoin Trust (IBIT). The fund has become the fastest-growing ETF in history, reaching $70.7B in assets under management in just 341 days since its January 2024 launch.

IBIT now generates $245M in annual fees—surpassing BlackRock’s own S&P ETF—and holds 3% of Bitcoin’s circulating supply. Harvard University’s endowment has allocated $443M to the fund, representing 20% of its U.S. equity exposure.

The Coinbase Prime transfer reflects institutional demand for secure execution infrastructure amid volatile ETF flows. Market observers note such movements are operational rather than bearish signals, as IBIT continues to dominate Bitcoin ETF inflows.

Bitcoin Price to Hit Record in 2026, Says Grayscale Report on Trends

Grayscale's latest analysis projects Bitcoin will surpass its previous all-time high by 2026, marking a shift from the traditional 4-year cycle to a 5-year pattern. The report underscores Bitcoin's resilience, noting 35%-75% returns over multi-year horizons despite volatility.

Federal Reserve rate cuts loom as a potential catalyst for Bitcoin's next rally. "We do not believe bitcoin is on the cusp of a prolonged downturn," the report states, highlighting institutional confidence in the asset's long-term trajectory.

CryptoAppsy Launches Multi-Language Trading Assistant for Real-Time Market Data

CryptoAppsy emerges as a nimble solution for cryptocurrency traders navigating volatile markets. The app delivers real-time price updates across thousands of assets—including Bitcoin ($87,412 mentioned in context) and altcoins—with five-second refresh intervals. Its zero-signup design and multilingual support (Turkish/English/Spanish) cater to global users seeking arbitrage opportunities or portfolio alerts.

Key features include a consolidated dashboard displaying exchange data, personalized news feeds tied to holdings, and instant notifications for new coin listings. The application aggregates information from undisclosed global exchanges, though major platforms like Binance and Coinbase are implied market data sources given their dominance.

Early adopters rate the experience 5.0/5, particularly praising its lightweight interface and portfolio management tools supporting multiple currencies. While no specific coins beyond BTC are named in the excerpt, the app's capability to track 'latest altcoins' suggests coverage for trending assets like SOL, MEME, or Pepe that dominate retail trader interest.

Grayscale Foresees Bitcoin Surpassing Previous Highs by 2026

Grayscale, a leading digital asset manager, has projected that Bitcoin could reach new all-time highs by 2026, defying the traditional four-year cycle tied to halving events. The firm's analysis suggests that despite recent volatility, Bitcoin's long-term trajectory remains bullish.

Bitcoin's 27% decline from its October peak mirrors typical corrections within broader bull markets, according to Grayscale. The report challenges prevailing market narratives, positioning the cryptocurrency for potential record-breaking performance in the coming years.

Bitcoin Rebounds Above $90,000 Amid Regulatory Signals and Market Volatility

Bitcoin surged past $90,000, recovering from recent losses as regulatory developments and institutional activity injected cautious Optimism into the market. SEC Chair Paul Atkins' mention of an "innovation exemption" for crypto firms sparked investor interest, though volatility persists across correlated assets.

Equities tied to cryptocurrencies mirrored the turbulence, with American Bitcoin Corp plummeting 51% intraday. The divergence between Bitcoin's resilience and sector-wide fragility underscores the uneven nature of crypto market recoveries.

Bitcoin Eyes $93K Amid Short Squeeze as Vanguard Reopens BTC ETF Access

Bitcoin's price surged 6% following Vanguard's decision to allow client access to Bitcoin ETFs, triggering $1.8 billion in BlackRock IBIT volume within two hours. Institutional demand returned with force, propelling BTC toward its $93,000 resistance level.

A cluster of short liquidations near $93K could amplify upside momentum. The market remembers last week's rejection at this level—this time, the combination of institutional inflows and Leveraged position unwinding may fuel a decisive breakout.

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