
BlackRock recorded a net outflow of US$1.09 billion from its Bitcoin ETF (IBIT) over five days—the largest since launch. The heaviest withdrawal occurred on November 18 (US$523 million), though a small inflow (US$60.6 million) briefly interrupted the trend on November 19. BTC dipped to US$80,000–82,000, its lowest level in 7 months.
VECS Commentary:
BlackRock’s massive outflow isn’t a fundamental rejection of Bitcoin—but a tactical response to macro uncertainty, particularly the Fed’s hawkish stance and tightening global liquidity. Notably, this timing coincides with the confirmed death cross and broader ETF selling, amplifying downward momentum. Intriguingly, the 14-day RSI sits at 23.14—deep in oversold territory—hinting at a potential short-term bounce if backed by strong buying volume. This reminds us: markets move not just on fundamentals or sentiment, but on liquidity flows and positioning. Such moments are often quietly leveraged by smart money for accumulation—as hinted by Strategy (ex-MicroStrategy). Going forward, investors must distinguish between temporary risk-off (a buying opportunity) and structural bear markets (a test of conviction).
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**This news was obtained and summarized from various sources on the internet.
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