blackrockibit

The institutional demand wall has cracked: spot Bitcoin ETFs recorded a net outflow of $1.257 billion, breaking a successful six-week inflow streak amid a total Wall Street flight from risk. The week's main shock was the capitulation of the once-solid IBIT fund from BlackRock, which alone accounted for about $1 billion in net sell-offs, while Ethereum ETFs bled out another $216 million due to the crippling pressure from high U.S. Treasury yields (30-year treasuries skyrocketed to a crazy 5.2%).

Locally, this institutional exodus is keeping BTC in a prolonged defensive consolidation around the $77,200 mark, robbing the market of the 'last hope buyer', but on a yearly scale, it's too early to panic: the total net assets of the ETF complex still hold a solid floor at $98.8 billion, and the current position unloading is just a tactical risk-off maneuver by major funds ahead of Trump's decision on Iran

#BitcoinETF #BlackRockIBit #CryptoMacro #EthereumETF

$BTC just smashed +$81k! 🚀
Clarity Act optimism +$532M in ETF inflows (BlackRock leading with $335M) are fueling this massive run.
Institutional money is officially here.
What a day for the industry! 📈🔥

#BTC #bitcoin #etf #CLARITYAct #BlackRockIBIT

$BTC