Yesterday, with the tech stocks bleeding heavily, $BTC also got hit hard!
ETFs $BTC net sold nearly 300 million USD
However, Blackrock is still very strong - not a single $BTC flowed out of Blackrock's pocket!
If Blackrock's institutional clients wanted to sell, they would buy them out of their own pocket instead of selling them on the market!
With the huge amount of BTC under management, IBIT should have been the ETF that saw the largest outflow during the downturn - so we can understand how much Blackrock has collected in the past time!
