BlackRock’s spot Bitcoin ETF, IBIT, recorded a $297.4 million inflow on February 25, 2026, its largest single-day influx since February 9. This significant purchase coincides with a recent price rally for Bitcoin, though the cryptocurrency remains down significantly from its all-time high and recent monthly performance, with market sentiment still described as weak.
BlackRock’s IBIT Bitcoin ETF saw $297.4 million worth of inflows on Feb. 25, 2026, according to Farside Investors, marking the most significant inflow since Feb. 9. ETF inflows had taken a hit over recent months as the market entered bear territory, with many IBIT investors taking losses during a massive Bitcoin price correction.
The recent purchase aligns with Bitcoin’s current upswing. According to CoinGecko data, BTC’s price rallied 4.4% in the last 24 hours and 2.1% over the past week.
However, the original crypto is still down by 22.3% in the last month and 23.4% since February 2025. Bitcoin’s price has also fallen by nearly 46% from its all-time high of $126,080.
Bitcoin tested the $70,000 price level for the second time this month but faced rejection on both occasions. While the recent upswing brought some relief to investors, analysts note the crypto market is still far from being out of the woods.
The market is described as still quite weak, with investor risk appetite substantially low. Investors continue to take a risk-off approach, preferring safe havens such as gold and silver.
CoinCodex analysts, however, are quite bullish on Bitcoin over the coming weeks. The platform anticipates the asset to continue its rally, hitting $79,706 on March 8, 2026.
Hitting that price from current levels would translate to a rally of about 16.86%. CoinCodex does not expect BTC’s price to hold the $77,000 mark, predicting a correction soon after.
