Blackrock clients are RAMPING UP their purchases of Bitcoin.

Blackrock's Bitcoin ETF, IBIT, now holds 223,645 BTC, up 8,020 from yesterday.

Blackrock now holds 1.06% of the total supply of BTC, with its total assets valued at $16.4 billion.

900 BTC are issued per day. In April this will drop to 450.

Blackrock clients bought 9x the newly issued supply yesterday.

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Discussion

Any dips in price will be short lived.

selling will exhaust well below buying