#BTC BlackRock IBIT Bitcoin ETF withdrew 1249.76 BTC from Coinbase, suspected inflow.

In the past 10 hours, BlackRock IBIT Bitcoin ETF withdrew 1249.76 BTC from Coinbase, with a total value of 131 million USD.

The fund flows of ETFs under BlackRock are of great market concern, and this operation may indicate the adjustment strategy of institutions in the current market environment. Investors should closely monitor subsequent developments.