Tag: BlackRock’s iShares Bitcoin Trust
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BlackRock’s Bitcoin “Dump”: What the IBIT Outflows Really Mean
A video is circulating across crypto social media showing what appears to be a major movement of Bitcoin from BlackRock’s iShares Bitcoin Trust, better known as IBIT, toward Coinbase shortly after the U.S. market open. The edited overlay frames the move as a $250 million “dump” and implies that BlackRock may have insider knowledge of…