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BlackRock Bitcoin ETF $10B Inflow: Real BTC Impact

BlackRock Bitcoin ETF $10B Inflow: Real BTC Impact

Photo: Crypto Economy

A $10 billion net inflow into BlackRock’s IBIT does not equal an immediate $10 billion spot purchase of bitcoin. The distinction matters for any analyst assessing the real impact on BTC. Net flow is an accounting metric. Bitcoin acquisition is a market operation executed by specific intermediaries under a creation mechanism that imposes intermediation, time, ... Read more

Source: Crypto Economy

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