BlackRock has recorded $3.6 billion in IBIT in-kind conversions, with security considerations emerging as the main driver.
How should we interpret institutional moves? Increased institutional holdings reflect greater confidence in long-term allocation and typically have a limited impact on short-term prices, but they can provide support during pullbacks.
$BTC Current price: 74826. Do you think this is the beginning or the end?
How should we interpret institutional moves? Increased institutional holdings reflect greater confidence in long-term allocation and typically have a limited impact on short-term prices, but they can provide support during pullbacks.
$BTC Current price: 74826. Do you think this is the beginning or the end?
