BlackRock's Bitcoin ETF has experienced a significant outflow of funds, leading to concerns about a potential crypto market crash. The company is actively reducing its Bitcoin exposure through its iShares Bitcoin Trust Bitcoin Holdings, suggesting a shift in investment strategy away from Bitcoin. This has sparked speculation that BlackRock may be divesting its BTC holdings in response to the recent market downturn. Bitcoin ETFs collectively saw substantial withdrawals, indicating a potential shift in market sentiment and the early stages of a bear market. However, trading activity on main exchanges remained consistent, indicating sustained market engagement.



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