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Crypto Market3 months ago· 1 min read

⚠️✴️ BlackRock is actively transferring BTC to exchanges, according to multiple on-chain monitoring services — a sign that clients are selling Bitcoin ETFs.

As a result, today is likely to mark the fifth consecutive day of outflows from spot BTC ETFs. Continued ETF selling pressure adds to near-term downside risk, increasing spot market supply and weighing on sentiment. Analysts are watching whether institutional flows stabilize, as ETF demand has been a key driver of Bitcoin’s price action in recent months.

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#BTC #Crypto

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