๐ ๐ฝ๐ก๐๐๐ ๐๐ค๐๐ โ๐จ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐๐ (๐๐ฝ๐๐) ๐๐๐๐จ ๐๐๐๐ค๐ง๐ $188๐ ๐๐ช๐ฉ๐๐ก๐ค๐ฌ!
BlackRockโs iShares Bitcoin Trust (IBIT) has experienced its largest-ever outflow, with $188 ๐ข๐๐ก๐ก๐๐ค๐ฃ withdrawn in a single day.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 Bitcoinโs $BTC mainstream adoption journey, reflecting growing institutional involvement in the crypto market.
๐ฌ Do you think such outflows signal a temporary pause, or could they hint at a deeper market shift?
Source: CoinGape
