‏🐋BlackRock buys the dip as Bitcoin fund outflows accelerate!

‏Bitcoin exchange-traded funds (ETFs) recorded net outflows of $272 million on February 3, at a time when BlackRock was the only exception.

‏📊 Details:

‏• IBIT fund recorded inflows of +$60 million

‏• Other competing funds continued to sell and exit

‏• Average outflow for the last 7 days rose to $171 million per day

‏The message is clear:

‏While the market reduces risk…

‏The largest asset manager in the world quietly increases its exposure 👀📈

$BTC