Why did BlackRock just sell $361 million worth of Bitcoin and Ethereum?

The crypto market woke up to some heavy lifting this Monday as BlackRock, the world’s largest asset manager, decided to trim its sails. In a move that caught many traders off guard, BlackRock’s spot ETFs recorded a combined outflow of $361 million in Bitcoin (BTC) and Ethereum (ETH) to kick off the second week of …

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