As reported by ARKHAM, the total value of Bitcoin is currently around $20,183,095.86, with a slight recent decline indicating minor fluctuations. A significant part of this value is attributed to Bitcoin holdings in BlackRock's portfolio, with 300.348 BTC valued at $20.18 million, considering each Bitcoin is valued at $67,199.00, down $185.00 from its previous price.

In line with this information, BlackRock's IBIT Bitcoin ETF saw a substantial increase in inflows on Wednesday, reflecting a positive sentiment shift in the cryptocurrency market. The total influx of $113 million reversed the trend from Monday when there were net outflows of $85.7 million, predominantly driven by GBTC from Grayscale. The decline in GBTC outflows, especially $75.1 million on Wednesday, played a key role in this reversal.

Data from Farside indicates a total net inflow of $12.2 billion, where Fidelity's FBTC led with $116.7 million, followed by Blackrock's IBIT with $42 million, and Bitwise's BTIB with $23 million in inflows. Other ETFs had relatively lower inflows, under $4 million each. This surge in inflows during the latter part of the week contrasts significantly with the earlier part of the week.