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Bitcoin ETFs Bleed $490M as BlackRock Faces Fraud Scandal
Institutions are trimming risk - $672 million outflow from BTC and ETH ETFs in a single day.
BlackRock’s IBIT alone lost $291 M amid a $500 M fraud scandal in its private-credit arm.
Yet if BTC rebounds above $112,600, $3 B in shorts could be liquidated.
Is this a buy signal or the start of panic? 💬 Discuss in Chat - what’s your move?
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