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Crypto

BlackRock Clients Dump $212M in Bitcoin Amid ETF Outflows

Guavy AI Editorial Team
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BTC
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BlackRock clients have made significant institutional sales of Bitcoin in 2026, selling $212 million worth of the cryptocurrency. This move is linked to the iShares Bitcoin Trust ETF and signals a broader trend of outflows related to BlackRock's ETF activities.

The sale has affected market confidence in Bitcoin reaching a price target of $82,500 in July, influencing price expectations among investors.

Investors are advised to watch for further institutional sales, changes in ETF strategies, and regulatory developments that could impact Bitcoin's price outlook.

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