Blackrock Drives $150M Bitcoin, Ether ETF Selling

etf

BlackRock’s spot Bitcoin and Ether ETFs accounted for much of roughly $150 million in combined outflows, signaling near-term selling pressure across the two crypto markets. The flows indicate weaker institutional demand, though one day of withdrawals does not establish a sustained trend. For Bitcoin, continued outflows could weigh on price by reducing ETF-led buying support.

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