BlackRock’s IBIT offloads $463M in Bitcoin, largest outflow on record
Crypto Briefing
BlackRock's IBIT Bitcoin ETF experienced a record single-day outflow of $463 million as institutions reduced risk exposure.Summary
Investors withdrew $463 million from BlackRock’s IBIT Bitcoin ETF on Friday, marking the largest single-day outflow ever recorded for the product. This significant selloff indicates that institutional investors are actively reducing their exposure to digital assets as a measure of risk management amid heightened market volatility. The move suggests that BlackRock clients are rebalancing their portfolios by scaling back Bitcoin positions in response to shifting market conditions. This outflow contributed to the broader trend, as US-listed spot Bitcoin ETFs collectively saw net outflows of approximately $492 million on the same day.
(Source：Crypto Briefing)