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

ETF outflows = selling pressure on Bitcoin.

$BTC

BTC
BTC
80,783.91
0.00%

$ETH

ETH
ETH
2,332
+0.17%

$RLUSD

RLUSD
RLUSD
1.0002
+0.01%

#blackRock #bitcoin #BTCETF #SellingPressure