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2414: BlackRock's $15 Trillion Bitcoin Reversal - Here's What Just Happened

Episode 2414 Published 1 month ago
Description

Bitcoin sold off as fear spread across the market following the Coldcard security incident, but institutional money told a different story. BlackRock's clients reversed from net sellers to aggressive buyers, purchasing more than $273 million worth of Bitcoin over the past two days. We examine why this reversal matters, BlackRock's growing Bitcoin position, Coinbase's latest purchase, Michigan's retirement fund increasing exposure, the latest Clarity Act developments, and why institutional adoption continues to outweigh short-term market fear.

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