BlackRock, the leading asset manager, has halted the outflows in the Bitcoin ETF market by purchasing Bitcoin worth $38.9 million. This prevented the ETF market from experiencing three consecutive days of outflows. BlackRock had previously offloaded $1.252 billion worth of Bitcoin in the last seven days. Analysts suggest that this shift in trend may be a result of broader financial market uncertainties. CEO Larry Fink predicted turbulence in 2025 but advised investors to buy the dip in digital assets like Bitcoin, implying a potential price rally. As of now, Bitcoin is trading at $91,278.22, a 1.08% increase in the last 24 hours.
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