🔥BREAKING: 🇺🇸 $BTC BlackRock’s iShares Bitcoin Trust (IBIT) recorded a net outflow of $172 million ($171.98M). $BTC

BTC
BTCUSDT
59,575.9
-4.67%

This figure represents net redemptions from the ETF. BlackRock must sell a corresponding amount of the underlying Bitcoin ($BTC ) to settle those redemptions.

Despite these temporary redemptions, BlackRock remains the dominant player in the digital asset landscape, holding over 764,000 BTC (valued at over $48 billion) in the iShares Bitcoin Trust.

Now the real question: Is this profit-taking… or the start of a bigger move? 👀📉🔥