šŸ“Š BlackRock added 4,000 shares of Bitcoin spot ETF in June. What does the market think?

šŸšØ The latest news shows that BlackRock held 12,000 shares of its own Bitcoin spot ETF (IBIT) at the end of May. By the end of June, this number increased to 16,000 shares, which means that BlackRock increased its holdings by 4,000 shares of IBIT in June. It is worth noting that the news of this increase was not disclosed until yesterday, and there is a time difference of two months from now, which also shows that there is often a lag in the market information you receive.

šŸ”Let's take a look at the trend of Bitcoin during this period. Looking back at the whole month of June, the overall Bitcoin market showed a sideways downward trend, and the price fell all the way after reaching a high of around US$71,500.

šŸ¤” Bitcoin prices fell all the way in June, but BlackRock increased its holdings at this time. Is this a coincidence or a strategy? Are they smashing the market and wanting to absorb funds at a low price? The logic behind this is really curious!

šŸ’¼ As we all know, BlackRock and other large institutions have great influence and market control in the investment field. At the same time, their main purpose of entering the market is to make a profit. Therefore, when they have their eyes on a certain target, they must want to use the least amount of money to hoard more, in order to obtain more substantial returns when the market rises violently in the future. Therefore, the motivation for Bitcoin dumping here and buying a large number of ETFs there is also valid!

šŸ§ Today in 2024, the Bitcoin market has become a game field for institutional investors. As a retail investor, it is crucial to understand the logic behind institutional behavior. In order not to be led by the nose, we must learn to analyze the movements of institutions and understand the logic and motivations behind them. In this way, we can avoid being swayed by market sentiment and become the profit-making party in the market for a long time.

šŸ” What do you think of BlackRock's increase in holdings? Is it a simple investment, or is there another meaning? As retail investors, how should we deal with the operations of such large institutions? In this institutionally dominated market, how can we avoid being cut? Share your investment experience in the comments section!

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