BlackRock is likely not panic selling — it’s mostly ETF outflows via iShares Bitcoin Trust.

ETF outflows = selling pressure on Bitcoin.

$BTC

BTC

68,499.76

-1.32%

$ETH

ETH

2,088.06

-2.66%

$RLUSD

RLUSD

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#blackRock #bitcoin #BTCETF #SellingPressure