Terrifying BlackRock👾

A new week has arrived, and today I would like to share some ETF data with everyone.

Do you know?

As of last Friday (5/9), during the past month, there have been a total of 19 working days.
BlackRock's $BTC spot ETF has shown net inflows for 19 consecutive days,
A total of 54,701 BTC were added 📈

Currently, BlackRock's Bitcoin ETF holds approximately 625,054 BTC.

The powerful purchasing power of the buyers behind it can be said to make all other ETF issuers pale in comparison👀

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BlackRock's BTC spot ETF has always had a so-called "arbitrage" component since its launch.
As for the current proportion of arbitrage, I have no way to verify it accurately.

However, the exaggerated increase in holdings by BlackRock since 4/14, combined with observations of BTC's trend,
I believe that a significant proportion of the rise over the past month must have been contributed by the BlackRock ETF💎

Many people, including myself, believe that the emergence of ETFs,
Will bring significant changes to the cycle of BTC: because the players have changed.
I previously discussed this topic briefly while exploring the BTC chip structure.
Friends who are interested can see the quote below 👇

I would like to share a question that I am very curious about:
"If BTC goes bearish in the future, will these ETF buyers experience large-scale sell-offs and reductions?"

I have discussed with a few friends beside me, and there are opinions from both sides.
However, this question still cannot be answered at the moment; we need time to prove it to us 🕰

I wonder what everyone's thoughts are👀

Everyone present will be witnesses of history. Welcome to engage in rational discussion and exchange.