Btc
A
@asamoah_the_great
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1 week ago
What quantity are they selling, and what is the source of the info?
G
@godswillfx
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1 week ago
Not quite accurate. BlackRock's IBIT ETF has seen client outflows recently (e.g., hundreds of millions this week), so they sell BTC to cover redemptions.
G
@godswillfx
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1 week ago
This is normal ETF mechanics, not BlackRock dumping proprietary holdings. They still hold massive BTC (~$65B+).