Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
IBIT alone shed $300 million while smaller funds absorbed some of the outflow. The selloff lands as the same AI trade that crashed Korea a week ago now powers a record quarterly rally there.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
BlackRock is showing up inside the Bitcoin ETF theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CoinDeskRelated market context
Bitcoin ETFs just bled $265M in a brutal 24 hours, and Ethereum’s supposed rescue is another BlackRock illusion
U.S. spot Bitcoin funds posted net outflows of $265.4 million on July 31, reversing a $233.1 million inflow the previous session....
BlackRock’s IBIT leads spot Bitcoin ETFs with $265M in outflows
Sustained outflows from Bitcoin ETFs could destabilize the market, potentially triggering a feedback loop of falling prices and in...
Blackrock Drives 79% of Bitcoin ETFs $233M Inflow
Bitcoin ETFs attracted $233.13 million on Thursday, extending their recovery to a second straight session. Ether, XRP, and solana...
How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and ass...
3iQ Corp Named Institutional Manager of Bhutan’s Bitcoin Reserves
In the latest Bitcoin news, Gelephu Mindfulness City, Bhutan’s southern special administrative region, has named Toronto-based 3iQ...
Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the positio...