According to Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF saw $297.4 million worth of inflows on Feb. 25, 2026, marking the most significant inflow since Feb. 9, 2026. ETF inflows took a hit over the last few months as we entered bear territory. Many BlackRock IBIT investors took losses as Bitcoin (BTC) faced a massive price correction. However, the latest ETF inflow seems to have brought some relief to BTC’s price.
Will Bitcoin Continue To Rally Following BlackRock’s IBIT ETF’s Purchase?
BlackRock’s recent purchase aligns with Bitcoin’s (BTC) upswing. According to CoinGecko data, BTC’s price has rallied 4.4% in the last 24 hours, 2.1% in the last week, and 1.1% in the 14-day charts. However, the original crypto is still down by 22.3% in the last month and 23.4% since February 2025. Moreover, Bitcoin’s (BTC) price has fallen by nearly 46% from its all-time high of $126,080.
Bitcoin (BTC) tested the $70,000 price level for the second time this month. The asset faced rejection on both occasions. While the recent upswing brought some relief to investors, the crypto market is still far from being out of the woods. The market is still quite weak, and risk appetite among investors is substantially low. Investors continue to take a risk-off approach, preferring safe havens such as gold and silver. Bitcoin (BTC) could suffer another price correction, given the larger bearish market environment.
Also Read: Cryptocurrency Market Rebounds: For Real Or Dead Cat Bounce?
CoinCodex analysts, however, are quite bullish on Bitcoin (BTC) over the coming weeks. The platform anticipates the asset to continue its rally, hitting $79,706 on March 8, 2026. Hitting $79,706 from current price levels will translate to a rally of about 16.86%. However, CoinCodex does not expect BTC’s price to hold the $77,000 mark, predicting a correction soon after.
