Bitcoin ETF discussions are heating up again after social accounts like Ash Crypto and Whale Insider shared posts suggesting BlackRock’s IBIT was increasing exposure around the $80,000 $BTC level.
That quickly sparked bullish reactions across the market, but skeptics pushed back.
Ian Heinisch questioned the excitement, noting BlackRock doesn’t directly execute spot Bitcoin buys the way many traders assume. Analyst Mind Math Money also highlighted that long-term ETF flow consistency matters more than isolated figures spreading online.
Adding to the confusion, Farside Investors data showed IBIT posted a $285M outflow on May 13, with no verified $144M inflow confirmed.
After Bitcoin’s retracement from late-2024 highs, ETF sentiment remains mixed, showing just how sensitive the market still is to institutional flow narratives.
#BlackRock #BingX
That quickly sparked bullish reactions across the market, but skeptics pushed back.
Ian Heinisch questioned the excitement, noting BlackRock doesn’t directly execute spot Bitcoin buys the way many traders assume. Analyst Mind Math Money also highlighted that long-term ETF flow consistency matters more than isolated figures spreading online.
Adding to the confusion, Farside Investors data showed IBIT posted a $285M outflow on May 13, with no verified $144M inflow confirmed.
After Bitcoin’s retracement from late-2024 highs, ETF sentiment remains mixed, showing just how sensitive the market still is to institutional flow narratives.
#BlackRock #BingX