Bitcoin ETFs Sell $490 Million, Sparking Debate on Market Shift

A collective sell-off of $490.43 million worth of Bitcoin from major ETF issuers like BlackRock, Fidelity, and ARK 21Shares has sparked discussion about potential short-term market fluctuations and shifting institutional sentiment. These firms, known for their significant influence on the growth of Bitcoin ETFs in recent years, are now adjusting their holdings, raising questions about whether this is merely a profit-taking tactic or a broader change in strategy.