BlackRock ETF clients sold $104.97 million worth of Bitcoin
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BlackRock’s spot Bitcoin ETF recorded $104.97 million in client selling, marking a notable outflow from the fund. The withdrawal signals softening short-term confidence in Bitcoin’s price stability and broader market sentiment. The move matters because BlackRock’s ETF is among the largest and most closely watched vehicles for institutional Bitcoin exposure. Traders will watch whether the outflow extends across other spot Bitcoin ETFs and whether it translates into renewed price pressure or is absorbed by offsetting inflows.
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