🔥 UPDATE: BlackRock's funds continue to heavily purchase Bitcoin and Ethereum on June 25!
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📊 Flow Details:
– Purchased:
🔹 3,210 Bitcoin ($BTC)
🔹 22,550 Ethereum ($ETH)
– Within BlackRock's traded funds (Spot ETFs)
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💰 What is the significance of these numbers?
– Confirms the continued strong institutional demand for digital assets
– Adds to the positive momentum in the market amid price volatility
– Indicates increasing confidence in $BTC and $ETH as treasury assets and long-term investments
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📈 Potential impact:
– Support for the market against selling waves
– Attracting new investors towards ETF funds
– Strengthening BlackRock's position as the largest institutional player in the crypto market
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❓Do you think this type of institutional buying could push the market towards new ATHs?
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