BlackRock Back to Buying Bitcoin as it Loads Up on $250 Million in the Last 48 Hours
BlackRock’s iShares Bitcoin Trust resumed buying Bitcoin, purchasing over $250 million in two days after nearly two weeks of selling that pushed BTC below $60k. The buying comes from ETF investors, not BlackRock itself. Outflows had exceeded $300-$400 million daily. Bulls see relief, but the outlook remains uncertain and buyers are hesitant.
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