BlackRock isn’t buying anymore. A lot of people are still watching retail sentiment, still analyzing technical charts. But over the past 8 trading days, IBIT saw net outflows of over $1.7 billion. What’s even scarier: Every major BTC pullback in the past year was almost always preceded by similar ETF fund withdrawals. Many think ETFs are chasing the highs and dumping the lows. But it might actually be the opposite. Retail investors think they’re trading the market. But in today’s market, it might already be ETFs trading the retail investors.