BlackRock executive denies speculation that "IBIT hedge fund collapse triggered Bitcoin plunge": IBIT is very stable, and the fund's redemption rate is only 0.2%. Summarizing BlackRock's head of digital assets Robert Mitchnick stated that institutional investors and banks are buying Bitcoin on dips, and clarified that the IBIT hedge fund collapse did not cause Bitcoin to plummet. The market reflects the steady stance of long-term investors. According to BlockBeats, on February 13, BlackRock's global head of digital assets Robert Mitchnick said yesterday at Bitcoin Investor Week 2026

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