BlackRock Refutes $268.6 Million Bitcoin Sale Allegations

2025-10-19 11:15

BlackRock has denied reports suggesting its clients sold $268.6 million in Bitcoin, stating there is no official confirmation from the company or its executives. Contrary to these claims, BlackRock's ETF data indicates continued Bitcoin accumulation. CEO Larry Fink highlighted ongoing inflows into BlackRock's spot Bitcoin ETF products, despite recent market volatility. The absence of verified data regarding the alleged sale has minimized its impact on the market.

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