Goldman Sachs' big move: Goldman Sachs is buying bitcoin ETF manager NEOS for up to $2.25 billion, a deal Bloomberg's Eric Balchunas says lets it "leap frog" BlackRock's rival fund. [Forbes](https://www.forbes.com/digital-assets/assets/bitcoin-btc/)
And an interesting on-chain detail: A whale sold 2,700 $BTC in one day, part of a three-day sell-off totaling 7,700 $BTC , about $576.6 million, affecting $BTC spot liquidity. [TradingView](https://www.tradingview.com/symbols/BTCUSD/)
So on one side, big institutions like Goldman are diving deeper into crypto, while on the other, whales are quietly offloading their old holdings — that tug-of-war is what's shaping$ the market right now.