I want to highlight one point so you do not stay ignorant. This is often misrepresented in crypto channels. BlackRock does not «buy» or «sell» Bitcoin. It executes ETF client orders. If ETF inflows were strong in recent days, it means fund clients were buying and BlackRock was simply executing those trades, like any ETF issuer. Even if BlackRock does accumulate Bitcoin exposure somewhere, it is definitely not done the way most people imagine. They have no reason to buy spot $BTC from the market. They are the casino, not the players. Their business is collecting fees while others play the role of holders. If BlackRock participates in the «race for numbers», it does so through ownership stakes, board influence, infrastructure, mining, and exposure to public and private companies that hold large amounts of $BTC. I would not be surprised if companies like $MSTR or American Bitcoin have board members or ownership links connected to BlackRock. The conclusion is simple. They own the casino and the chips, not a spot position alongside the crowd.