BlackRock just acquired $246,000,000 worth of Bitcoin! 🚀

BTC0,32%
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GateUser-8443779f
· 1h ago
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Mint-ColoredCalmness
· 3h ago
Institutional funds continue to flow in = selling pressure is being absorbed, but don't chase too aggressively in the short term, as it’s easy to be shaken out back and forth.
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L2ArbitrageYoungster
· 3h ago
The bull market narrative is becoming clearer: large institutions are gradually accumulating through compliant channels, and retail investors only realize it after the news comes out, missing the rhythm by one step.
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MildlyMEV
· 3h ago
Every time they finish buying, the market starts talking about the narrative of "Bitcoin mainstreaming."
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CandleChaser
· 3h ago
This amount, when placed in the total market value of BTC, isn't astronomical, but the signaling is very strong: traditional finance is really taking it seriously.
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KiteAndBlock
· 3h ago
Honestly, when I see this kind of news, there are only two words: FOMO.
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ColdBrewYield
· 3h ago
The question is whether they are buying spot assets or increasing holdings within an ETF? The impact on the pace is quite different.
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