📉 𝘽𝙡𝙖𝙘𝙠𝙍𝙤𝙘𝙠’𝙨 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝙀𝙏𝙁 (𝙄𝘽𝙄𝙏) 𝙎𝙚𝙚𝙨 𝙍𝙚𝙘𝙤𝙧𝙙 $188𝙈 𝙊𝙪𝙩𝙛𝙡𝙤𝙬!
BlackRock’s iShares Bitcoin Trust (IBIT) has experienced its largest-ever outflow, with $188 𝙢𝙞𝙡𝙡𝙞𝙤𝙣 withdrawn in a single day. This significant movement has raised eyebrows in the crypto community, especially as Bitcoin continues its bullish momentum.
Analysts speculate the outflow might indicate profit-taking by institutional investors or portfolio rebalancing at year-end. Despite the dip, BlackRock's ETF remains a key player in Bitcoin’s $BTC mainstream adoption journey, reflecting growing institutional involvement in the crypto market.
💬 Do you think such outflows signal a temporary pause, or could they hint at a deeper market shift?
Source: CoinGape
