Most people hunt hype. Few study how systems move capital. Hype fades. Mechanisms stay. Want long-term alpha? Trace the incentives, not the influencers.
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@toadyhawk.eth The Bounce**: $BTC may dip, but it will quickly bounce back stronger than ever. The key support levels are solid, and a surge to $120k is coming soon.🥲 🥲
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The Daily: BlackRock's Bitcoin ETF sees largest daily outflows since launch, Do Kwon pleads not guilty and more BlackRock's spot Bitcoin ETF sees largest daily outflows since launch BlackRock's IBIT spot Bitcoin ETF posted $332.6 million in net outflows on Thursday, marking its largest daily outflow since launching a year ago. Thursday's figure exceeded BlackRock's previous record of $188.7 million in net outflows set on Christmas Eve, though the fund has only seen 11 total negative days in its trading history. "Institutional investors often rebalance their portfolios to align with asset allocation targets," Kronos Research Head of Global BD Neal Wen said. "The large outflows from BlackRock's IBIT may reflect such activity, particularly in response to bitcoin's price movements or broader market conditions."
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