⚡ BlackRock Bought Another $240M in $BTC and ETH - But Hold On This time, around 2,803 BTC ($223M) and 6,580 ETH ($16.6M) moved into wallets linked to its IBIT, ETHA and ETHB products. Another day, another headline saying BlackRock bought crypto. 📌 But friendly reminder: this doesn’t mean Larry Fink suddenly turned bullish. These are ETF-related flows- when investors put money into products like IBIT, the fund needs corresponding crypto exposure to back those shares and track the underlying asset. The same mechanism works in reverse when shares are redeemed. And demand was strong: on Aug. 24, IBIT alone saw $209M in net inflows, while ETHA added $90.9M 📊 So yes, BlackRock-linked wallets buying is worth watching. But I definitely wouldn’t use every such headline as a signal for Bitcoin’s next move. 💡 Always DYOR though! #BTC Price Analysis# #Macro Insights# #ETH