โฆ๏ธ๐ฅBlackRock made headlines by purchasing 2,830 BTC worth $267 million yesterday.โโ
So why did Bitcoin's price drop?
Because other major ETF players like Fidelity, Ark Invest, Grayscale, and Bitwise sold off a combined $323.26 million in BTC.
The trigger? Weak US GDP data, which has heightened recession fears and pushed investors toward risk-off moves.