BlackRock IBIT investors are now nursing a 40% loss

2024 was a massive turning point for crypto. After years of regulatory back and forth, a few of the biggest asset managers in the world were allowed to offer spot Bitcoin (BTC) exchange-traded funds (ETFs).

Among them was BlackRock (NYSE: BLK), the world's largest asset management company. The launch of its iShares Bitcoin Trust ETF, or IBIT, came as a green signal for traditional investors who wanted to explore cryptocurrencies but did not know how or where.

A Bitcoin ETF allows people to bet on Bitcoin's price without buying or storing the cryptocurrency themselves.

As recently as mid-2025, the average IBIT holder was up roughly 30%, per Bespoke data cited by Bloomberg. But after the flash crash of October 2025, Bitcoin's slide has flipped that gain into a steep loss.

Related: BlackRock shares surprising portfolio tip for investors

The typical investor in BlackRock's IBIT is now down about 40%, according to Bespoke Investment Group. This is a stark sign of how hard 2026's crypto selloff has hit the everyday buyers who got their Bitcoin exposure through the largest U.S. spot crypto ETF.

The figure measures the average buyer's entry price against Bitcoin today instead of a si

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/crypto/articles/blackrock-ibit-investors-now-nursing-093325287.html)