๐จ BlackRock pulled $141 MILLION out of Bitcoin and ETH in a single dayโฆ and ETH has now seen 3 days of OUTFLOWS ๐
The Wall Street giant led the outflows from ETFs just before the weekend.
๐ Bitcoin (~81,700): At the close of trading yesterday, Friday, $82 million flowed out of ETFs, nearly $72 million of it from BlackRock. October has already seen around $535 million flow out, after strong inflows in September. As long as it holds above $80,000, this looks like profit-taking, not panic.
๐ท ETH (~2,435): Its ETFs lost $70 million, all from BlackRock, marking 3 straight days of outflows. Itโs a smaller fund, so the impact is greater. The level to watch remains $2,400.
๐ฃ Solana (~105): Its ETFs also shed around $13 million. Even so, the network continues to add tokenized assets.
๐บ AVAX (~10.03): Itโs holding the $10 mark for now; tokenization remains its driving force.
๐ Chainlink (~12.26): Itโs down ~2.5% along with the market, but it remains on the list of assets a Wall Street giant is expected to offer its clients next.
๐ค FET (~0.194): Itโs down ~4.5%, dragged lower by the sell-off in AI stocks. The $0.19 support level is being tested.
๐ก BNB (~722): Itโs down ~1% and remains among the strongest.
๐ก๏ธ Zcash (~1,168): Itโs down ~5.4% and continues to give back some of its gains. Looks like profit-taking.
When big money steps aside, patient investors often get to buy at lower prices.
Do you see this as a warning or an opportunity? ๐
#Bitcoin #ETH #BlackRock #ETF #Crypto
The Wall Street giant led the outflows from ETFs just before the weekend.
๐ Bitcoin (~81,700): At the close of trading yesterday, Friday, $82 million flowed out of ETFs, nearly $72 million of it from BlackRock. October has already seen around $535 million flow out, after strong inflows in September. As long as it holds above $80,000, this looks like profit-taking, not panic.
๐ท ETH (~2,435): Its ETFs lost $70 million, all from BlackRock, marking 3 straight days of outflows. Itโs a smaller fund, so the impact is greater. The level to watch remains $2,400.
๐ฃ Solana (~105): Its ETFs also shed around $13 million. Even so, the network continues to add tokenized assets.
๐บ AVAX (~10.03): Itโs holding the $10 mark for now; tokenization remains its driving force.
๐ Chainlink (~12.26): Itโs down ~2.5% along with the market, but it remains on the list of assets a Wall Street giant is expected to offer its clients next.
๐ค FET (~0.194): Itโs down ~4.5%, dragged lower by the sell-off in AI stocks. The $0.19 support level is being tested.
๐ก BNB (~722): Itโs down ~1% and remains among the strongest.
๐ก๏ธ Zcash (~1,168): Itโs down ~5.4% and continues to give back some of its gains. Looks like profit-taking.
When big money steps aside, patient investors often get to buy at lower prices.
Do you see this as a warning or an opportunity? ๐
#Bitcoin #ETH #BlackRock #ETF #Crypto