BlackRock’s Bitcoin ETF (IBIT) Institutional selling hit BTC flows hard in early February.

U.S. spot Bitcoin ETFs saw net outflows of ~$545M, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for the largest share (~$373M)

signaling tactical profit taking and rotation.

This helped fuel recent selling pressure across the market.

$BTC

BTC
BTCUSDT
80,695
-0.41%

$ETH

ETH
ETHUSDT
2,286.2
-1.93%

$PIPPIN

PIPPIN
PIPPINUSDT
0.02694
+0.97%

#bitcoin.” #InstitutionalFlows #ETF