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Bitcoin Plunges After Breaking $70k: Analysis Reveals New Institutional Game Between GBTC Outflows and BlackRock IBIT Inflows
Why did Bitcoin correct sharply after hitting a new all-time high? This article provides an in-depth analysis of the market divergence behind Grayscale GBTC's persistent outflows versus massive inflows into spot ETFs like BlackRock's IBIT, exploring the tug-of-war between short-term sentiment and the long-term institutionalization trend.
