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

ETF outflows = selling pressure on Bitcoin.

$BTC

BTC
BTC
74,104.71
+0.85%

$ETH

ETH
ETH
2,028.74
+0.74%

$RLUSD

RLUSD
RLUSD
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#blackRock #bitcoin #BTCETF #SellingPressure