BlackRock Bitcoin ETF Inflows Reach $26 Billion, 90% of Investors Buy the Dip
BlackRock's head of digital assets stated that BlackRock's Bitcoin ETF has negative returns despite recording $26 billion in inflows, ranking fourth globally. This reflects that Bitcoin is experiencing intense turnover and accumulation. Most investors are choosing to buy on dips, with only a small number of hedge funds engaging in short-term trading.