"Bitcoin ETFs Surge: BlackRock Nears 200K BTC, Sets All-Time High Inflows"

BlackRock's iShares Bitcoin ETF (IBIT) has acquired 195,985 bitcoins, trailing behind MicroStrategy's 205,000 bitcoins after the latter's recent purchase of 12,000 bitcoins. The increased holdings of both entities reflect the strong investor demand for bitcoin, which has seen a significant price surge. MicroStrategy used proceeds from convertible notes and excess cash for its latest bitcoin purchase. The cryptocurrency market continues to attract attention from publicly traded companies and analysts, with expectations of bitcoin surpassing $100,000.