In the run-up to the elections, the concerns of the financial market seem to have led to a significant sell-off from the $BTC ETF funds with a total value of nearly 600 million USD. What is particularly noteworthy is that while most funds are exiting, BlackRock continues to buy in.
This creates much speculation: either they are accepting significant risks, or Larry Fink – CEO of BlackRock – holds information that the rest of the market is unaware of. Regardless, this is a move that highlights BlackRock's confidence and distinct vision compared to most other investors.
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