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BlackRock's IBIT Bitcoin ETF Records $773M Weekly Exit.
Major outflow alert: BlackRock's flagship Bitcoin ETF (IBIT) saw $773 million in redemptions this week one of its largest weekly exits to date.
Despite the sell off pressure, Bitcoin's underlying strength continues to draw long term attention. Is this a healthy profit taking moment or the start of broader institutional rotation?
Market watchers are closely monitoring how this impacts BTC price action in the coming days.
#Bitcoin #IBIT #BlackRock #BitcoinETF