BlackRock dumped nearly $1 billion of these cryptocurrencies in a week

BlackRock sharply reduced its exposure to the cryptocurrency market over the past week, with data showing nearly $1 billion in combined outflows from its spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). The pullback came as the broader digital asset market struggled to find direction amid sustained selling pressure and weakening investor sentiment. The bulk of the selling came from Bitcoin, with BlackRock’s iShares Bitcoin Trust posting net weekly outflows of about $522.4 million source: https://finbold.com/blackrock-dumped-nearly-1-billion-of-these-cryptocurrencies-in-a-week/