BlackRock's Bitcoin acquisition highlights shifting power dynamics in crypto markets, influencing institutional control and potential price trends.
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🚨 BlackRock purchased $1.08 billion worth of Bitcoin in the last 20 days.
📈 Institutional investors turned to $BTC through BlackRock's IBIT product.
📊 BlackRock's total assets reached 785,900 BTC, approximately $61 billion. 🔄 During the same period, there was a net outflow of $254.7 million from Grayscale Bitcoin Trust.
Read More: BlackRock bought $1.08 billion worth of Bitcoin in 20 days
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