Bitcoin spot ETF was slaughtered! Institutions cut their positions substantially, and retail investors crazily cashed out. BlackRock dumped $1 billion in a single week.

The Smart Finance App noticed that over the weekend, a number caused extreme anxiety in the field of cryptocurrency. The on-chain tracking institution Arkham reported that BlackRock had been selling Bitcoin every trading day last week, with a total value of $1.01 billion, and ended the tweet with a sentence that broke everyone's defense: "If even BlackRock is selling, then who is still buying?"