BlackRock, the world's largest asset manager, has ramped up its Bitcoin accumulation through the iShares Bitcoin Trust (IBIT). On-chain data provider Lookonchain reported that since February 24, 2026, the fund saw net inflows of over 17,642 BTC, worth approximately $1.28 billion. This massive institutional buying helped Bitcoin briefly break above $73,000 on March 4, 2026.
Institutional Cash Fueling Rally
BlackRock's aggressive buying is part of a broader trend. Multiple spot Bitcoin ETFs have recorded strong inflows recently, signaling growing appetite from traditional finance. The price has rebounded more than 15% from late February lows.
Polymarket Odds: 84% Chance of $75K in March
On the prediction market Polymarket, traders are pricing in a 84% probability that Bitcoin will return to $75,000 by the end of March. The odds of hitting $80,000 stand at 50%, while a drop to $65,000 is given a 44% chance. Sentiment has shifted from cautious to moderately bullish.
Disclosure: Leverage has risen alongside prices, implying elevated short-term volatility risk.