💥BREAKING: BlackRock purchased $38.42 MILLION worth of #Bitcoin yesterday! While all other ETFs were selling, BlackRock was buying more! https://t.co/Js9TlKdYiQ
🚨 Tradfi dumped $541.1M of $BTC on Monday ahead of the election. https://t.co/4tJTyqBIeC
🚨 Blackrock Buys on the day others sell BlackRock buys 32 #BTC ($39mn) on the day of selling by other ETFs https://t.co/izOmiHCF6E







In a significant market shift ahead of the U.S. elections, various exchange-traded funds (ETFs) have engaged in substantial Bitcoin transactions. ARK Invest sold 2,030 Bitcoin, while Fidelity offloaded 2,500 Bitcoin, amounting to approximately $170 million. This sell-off marks the second-largest in history, with U.S. ETFs collectively selling 7,376 Bitcoin. Despite this wave of selling, Bitcoin's price remained stable. In contrast, BlackRock took a different approach, purchasing 569 Bitcoin, valued at about $38.42 million, on the same day that other funds were divesting. Notably, BlackRock's continued investment signals a divergence from the broader trend of selling among traditional finance entities, which collectively dumped $541.1 million worth of Bitcoin on Monday.