BlackRock-Linked Bitcoin Transfers Signal Renewed ETF Selling Pressure
BlackRock has reportedly begun transferring Bitcoin to exchanges, according to multiple blockchain monitoring services, signaling that clients may once again be reducing exposure through spot Bitcoin exchange-traded funds. The on-chain movements have drawn attention from traders, as ETF-related flows have become an increasingly important driver of short-term Bitcoin price action. Key Takeaways Monitoring services detected … Read more