BlackRock Sells Bitcoin AGAIN! (Numbers Are Worrying)
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BlackRock’s iShares Bitcoin Trust recorded another sizable redemption on October 16, with $71.8 million leaving IBIT as institutional crypto flows remained weak. The headline can sound more dramatic than the underlying mechanics. This was not evidence that BlackRock itself made a proprietary decision to dump Bitcoin. ETF investors redeemed shares, forcing the fund structure to
14m ago•
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