BlackRock is also experiencing outflows.


$1.41 billion in one month.
ETF buying momentum is weakening.
Market pressure is not over yet.
Latest news shows that BlackRock's BTC ETF had a net outflow of $1.41 billion this month.
This number is significant.
Because BlackRock has always been one of the most trusted institutional buyers in the market.
Many people believe that if BTC drops, it’s okay; ETFs will buy in, Wall Street will buy, BlackRock will support the floor.
But now the situation has changed.
It’s not a slight cooling, but a $1.41 billion outflow in one month.
In other words, one of the biggest expected buyers is turning into a source of selling pressure in the market.
This is also why BTC has recently struggled to rebound.
Prices can be pushed up by short-term liquidations, but to truly stabilize, it still depends on spot buying.
If ETF outflows continue, the market will find it hard to move comfortably.
What’s more awkward is that now the US stock market is still attracting funds, but crypto ETFs are bleeding.
The money isn’t gone, but currently BTC isn’t the first choice.
What really matters is not:
BlackRock's BTC ETF outflow of $1.41 billion this month.
But:
When the biggest institutional buyers start to retreat, who will carry BTC’s next rally?
BTC-0.56%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
JamesL0111
· 2h ago
Keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, cheer up
View OriginalReply0
  • Pinned