Style quietly shifts!
BTC ETF has shown a net outflow for 4 consecutive days, and what's even rarer is that IBIT, a leading institution in the ETF space under BlackRock, experienced a significant outflow of up to $180 million on December 24.
It’s important to note that BlackRock has been buying for almost the entire past year, and this large-scale sell-off is a first.
In contrast, the ETH ETF has remained in a state of net inflow over the past 4 days. Particularly, BlackRock's ETHA continues to steadily increase its holdings in an orderly manner.
Clearly, institutions have already started to position themselves in advance, making ample preparations for the investment style shift next year.
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