BlackRock, the world’s largest asset manager, added 921 Bitcoin (BTC) to its portfolio on Thursday, November 6, but the overall net holdings are still 5,300 BTC in the red this week, signaling active portfolio adjustments amid ongoing market volatility. With the recent sales, the fund’s reserves have diminished, now totaling around 798,000 BTC, valued at over $80 billion at current prices, according to HeyApollo ETF tracker data shared by co-founder Thomas Fahrer on November 7. BlackRock BTC moves. Source: Thomas Fahrer (@thomas_fahrer) Looking at the broader picture, BlackRock has accounted for more than half of this week’s Bitcoin ETF outflows, which have amounted to a total of 8,132 BTC, worth $861 million
source: https://finbold.com/blackrock-dumps-5300-bitcoin-this-week/