🇺🇸 BlackRock and other U.S. spot ETFs reportedly sold approximately $295.98 million worth of Bitcoin (BTC) and $224.11 million worth of Ethereum (ETH).
That puts combined reported sales at around $520 million. 💰
📉 Why does this matter?
ETF flows are closely watched by crypto traders because large net outflows can indicate reduced institutional demand or investors taking profits. However, ETF selling alone does not determine the broader market direction.
👀 Traders will be watching whether these outflows continue in the coming sessions or whether institutional demand returns.
BTC or ETH , which one are you watching more closely? 👇
#bitcoin #Ethereum #CryptoNews #blackRock #BinanceSquare
BTCUSDT
Perp
81,179.5
+6.24%
ETHUSDT
Perp
2,625
+7.23%