Mixed signals from BlackRock: Their $BTC ETF saw major outflows last week, yet the firm is doubling down on crypto for 2025. 🧐

Here’s the short take:

· Last Week's Action: U.S. Bitcoin ETFs bled $782M over Christmas week. BlackRock’s IBIT led the outflows with nearly $193M in a single day.

· The Contradiction: This comes just days after BlackRock named its IBIT ETF a top 3 investment theme for 2025, signaling long-term conviction despite Bitcoin's price slump.

· The Bottom Line: Analysts see the outflows as seasonal (holiday positioning) and expect flows to normalize in January. Meanwhile, BlackRock is ramping up hiring to expand its crypto business.

#USGDPUpdate #BlackRock⁩ #BTC #AltcoinETFsLaunch #etf

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