Many are saying this is evidence of blatant manipulation because it "should have gone up more" but honestly how many people were waiting for all time highs again so they could dump? It is very commonplace behavior for there to be a transfer of wealth distribution at the top. It's just kind of mindblowing that people are so stupid that they would sell to Blackrock right out of the gate... or maybe it's not mindblowing at all that the serious grassroots Bitcoiners see this as hugely problematic and they want out before BTC becomes corrupted.