BlackRock, Fidelity, and ARK 21Shares clients sell $396 million worth of Bitcoin
Crypto Briefing
Clients of BlackRock, Fidelity, and ARK 21Shares collectively sold $396 million in Bitcoin through major ETFs on Wednesday.Summary
Clients of major asset managers, including BlackRock, Fidelity, and ARK 21Shares, sold a combined $396 million worth of Bitcoin on Wednesday, signaling significant institutional outflows from the leading spot Bitcoin exchange-traded funds (ETFs). This coordinated selling across multiple ETFs suggests institutional investors are adjusting their digital asset allocations in response to current market volatility and broader economic signals. The activity aligns with historical patterns where Bitcoin ETF outflows often track federal monetary policy updates and options expirations.
(Source：Crypto Briefing)