ETF expert Nate Geraci stated that BlackRock, this super major player, saw $970 million flow into its Bitcoin ETF ($IBIT) in just one day! This is their second-largest "buy-buy-buy" record since the ETF went live, completely lighting up the signal.

Don’t be fooled by our daily cries of "it's fallen hard" and "it's a bear market"; while you think everyone is running away, the big institutions are quietly bottom-fishing. This isn't small change—$970 million is real money coming in, indicating that they are not pessimistic about Bitcoin at all, and may even think it’s cheap right now.

Moreover, Wall Street is not known for charity; this scale of buying is sending a signal to the market: "I’m bullish on this thing, and I plan to keep going."

Just think about it, even BlackRock is entering the market, so naturally, the market sentiment is slowly warming up. Especially for those on the sidelines, seeing this wave might just make them unable to resist. While this kind of capital doesn't immediately push prices up, there is definitely support below. $BTC stands firm, and altcoins are likely to follow suit; once the market is active, the excitement will return.

So, when others are shouting to exit, the wealthy are already secretly positioning themselves. While you are still hesitating about getting in, they have already driven off with a truckload of $BTC.

This $970 million is not just about buying coins; it’s also a reassuring boost for the market. No matter how you look at it, this wave is definitely a positive for the entire crypto space!

#BlackRock #BTC #Altcoin