On August 1, the crypto market exploded, with Bitcoin ETF net outflows exceeding $800 million in a single day, marking the third-largest single-day outflow in nearly six months! At first glance, this data looks like a 'bear market signal', but a closer look at capital flows reveals that BlackRock, this 'old fox', only had an outflow of $2.6 million, while other institutions were panic-selling without direction! This operation directly exposed the 'capital code' at the core of this bull market!
1. $800 million outflow ≠ crash; BlackRock is the 'true big player'.
First, look at the data: Yesterday, Bitcoin ETFs saw an outflow of $810 million, but BlackRock's IBIT only saw an outflow of $2.6 million, accounting for less than 0.3%. In contrast, institutions like Fidelity and Grayscale dumped over $780 million in a single day! This is not 'capital retreat'; it is clearly 'retail cutting losses while big players pick up shares'!
Historical patterns have long been validated: In March 2025, when Bitcoin ETF saw a consecutive 7-day net outflow of $799 million, the market was in despair, but BlackRock's IBIT saw a single-day inflow of $120 million that directly reversed the trend. The same script is playing out again now; as long as BlackRock doesn't run, the market won't drop significantly!
2. ETF capital flows expose the 'truth of institutional games'
Why do people say other ETFs are 'big leeks'? Just look at their operations and you'll understand:
Top in chasing highs and cutting losses: When Ethereum ETF saw a continuous outflow of $335 million over 8 days in June 2025, Fidelity's FETH sold off $20 million in a single day; the result was Ethereum breaking through $3,700 in July, and these institutions crying to buy back, pushing the price up.
BlackRock 'contrarian indicator': Every time the market panics, BlackRock increases its holdings. For instance, in July 2025, when Bitcoin dropped below $110,000, IBIT saw an inflow of $150 million against the trend, followed by an 8% rebound the next week.
Core logic: Among traditional institutions, only giants like BlackRock and Fidelity have the ability for 'cross-cycle allocation'; other small institutions are all 'emotional traders'. Following BlackRock to buy the dip is the survival rule for retail investors!
3. The Federal Reserve's policy is 'clear', institutions have already positioned themselves.
August 1-7 is the 'super week' for the crypto market:
August 1 non-farm data: If employment exceeds expectations, the Federal Reserve may delay interest rate cuts, but BlackRock has already positioned itself in 'anti-inflation assets', with 30% of Bitcoin ETF holdings being newly mined in 2025.
August 5 GDP revision: If the economy soft-lands, institutions will turn to high-risk assets. Notably, BlackRock has been frequently researching Solana ecosystem projects recently, suggesting that funds may shift from Bitcoin to 'layer-1 public chains'.
Key signal: On July 31, BlackRock submitted an application to the SEC to propose the launch of a 'Bitcoin Mining ETF', focusing on green energy mining companies. This releases two pieces of information: 1. Long-term optimism for Bitcoin; 2. Betting on the dividends of mining compliance.
4. How should retail investors respond? Remember these three tricks!
Keep a close eye on BlackRock's movements: Check IBIT's capital flow daily; if there is a net inflow of over $50 million for three consecutive days, increase your holdings decisively.
Avoid 'retail ETFs': Stay away from products managed by institutions like Fidelity and Grayscale; they have high holding costs and will dump their positions at the slightest fluctuation.
Position in 'institution-friendly' assets: such as Bitcoin mining infrastructure platforms, whose visitation surged 300% in July and have been listed as primary targets by Fidelity Digital Asset Fund. The bull market is still on, but the game has changed! This round of market action is no longer a zero-sum game of 'retail vs. big players', but the ultimate showdown between 'institutional professionalism' and 'retail emotional trading'.
BlackRock, with an outflow of $2.6 million, tells the market: 'When I leave, that’s when the real crash happens! Bear markets rely on faith, bull markets rely on capital. As long as BlackRock is still in the game, this wave of action is far from over! Now is the time to let go of panic and eat meat with the institutions!'
Tege shares daily insights; the team behind only serves ambitious madmen, directly feeding you the 10x coin password #加密市场回调 #美国加征关税
