BlackRock Bitcoin News: IBIT Suffers $1.3Bn Outflow as Iran Shakes Safe Money
In BlackRock Bitcoin news today, iShares Bitcoin Trust, better known as IBIT, shed $1.3Bn in net redemptions during the week of June 22–26, according to Farside
In BlackRock Bitcoin news today, iShares Bitcoin Trust, better known as IBIT, shed $1.3Bn in net redemptions during the week of June 22–26, according to Farside Investors flow data.
That single fund accounted for 72.9% of the $1.79Bn that left the entire US spot Bitcoin ETF complex that week, the clearest sign yet that the vehicle Wall Street built to bring institutional money into Bitcoin can run just as efficiently in reverse.
The tension at the center of this story is that the BlackRock Bitcoin ETF was the product that turned 'institutional demand' into a simple, repeatable narrative. Now, at the very moment Bitcoin needs external buyers, IBIT has become the market's most prominent source of ETF sell pressure.
As ETF numbers dominate the headlines, BTC USD is trading at around $60,000, down roughly -1% on the day, with 24-hour trading volume at $20.7Bn.
On June 26 alone, IBIT posted $444.5M in single-day outflows, every dollar of net redemption recorded across the entire ETF complex that day, per CoinGlass data. The week ended with IBIT's seventh consecutive week of net outflows, the longest such streak since the fund launched in January 2024.
The macro backdrop driving tho
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/blackrock-bitcoin-news-ibit-suffers-153620356.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.