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Market Update: BlackRock’s spot Bitcoin ETF (IBIT) saw $59.16 million in net outflows yesterday, triggering a corresponding sale of BTC to handle redemptions.
While an outflow headline often triggers bearish sentiment, it’s worth noting this is standard investor rebalancing not a shift in BlackRock’s institutional stance.
Is this just routine profit taking, or are we looking at the beginning of a broader institutional pullback? 👇
#Fed minutes show policy split
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#Citadel pursues bankruptcy against crypto founder




