Bitcoin ETF Outflows Hit Record $6.4B as BTC Drops 17%

Jacobs noted that BlackRock manages more than 450 ETFs and index mutual funds spanning multiple asset classes. He said inflows and outflows happen every day across large-cap and small-cap equities, Bitcoin and gold. He added that short-term flows have not changed BlackRock's long-term view of the asset.

Analyst Flags $23,980 as Worst-Case Target

Technical analyst Jesse Olson said Bitcoin could fall by more than 60% to under $24,000 in 2026 if the US stock market suffers a major crash. Olson shared a chart anchoring a custom volume-weighted average price line to the 2022 bear market bottom, projecting $23,980 as a long-term support zone under severe macro stress.

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