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BlackRock snaps up BTC as US spot ETFs see $507m inflow – TON BOT

BlackRock snaps up BTC as US spot ETFs see $507m inflow

BlackRock purchased a large amount of bitcoin during the highest one-day inflow for U.S. spot bitcoin ETFs in two weeks. The purchase was made from Coinbase Prime, with multiple transfers to iShares Bitcoin Trust wallets. Despite the inflows, bitcoin prices dropped due to profit-taking and resistance at certain levels.


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