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1 episode
№ 0010
The real story behind BlackRock’s huge $1.29B bitcoin sale
The Daily Wolf discusses significant movements in cryptocurrency ETFs and markets. A major sale of $1.29 billion worth of BlackRock’s Bitcoin spot ETF occurred in a dark pool without significantly affecting Bitcoin's price, as only $192 million were actually redeemed for the underlying asset. The host also notes that this is part of a broader trend of outflows from Bitcoin ETFs, with Bitcoin's market position weakening compared to other assets like gold and Nvidia.