I just saw some headlines saying BlackRock and Fidelity are selling off Bitcoin. But ignoring the important details is wrong - during the same week, these two firms bought nearly $400 million worth of BTC. The net cash flow into Bitcoin ETFs is actually positive at $93.1 million. This is very different from the 'sell-off' story that some headlines want to tell. In January, BlackRock and Fidelity were actively buying, despite some short-term price dips. Looking at the actual numbers, the cash flow into BTC ETFs is still quite strong. It's important to closely monitor the data rather than just listening to headlines.

BTC-2.35%
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