
Why BlackRock Bitcoin holdings increased as prices dropped
When ETF shares are sold it does not necessarily lead to a decline in AUM if those shares are not redeemed by APs.
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On-chain metrics show that the market managed to absorb extremely high selling pressure in the face of Bitcoin ETF-induced volatility.

Bitcoin bounces back over $40,100 amid shifting ETF inflows and outflows, GBTC movements point to market impact.

The SEC must now institute proceedings around BlackRock in March.

Bitcoin's improved price liquidated roughly $160 million from crypto traders who held positions on the market.

The SEC maintained that its demands for Ripple's audited financial documents were "relevant" to the case.

FOX Business' Eleanor Terrett relayed comments from various sources today.



