BlackRock’s IBIT offloads $145 million in Bitcoin
Crypto Briefing
BlackRock clients redeemed $145 million in Bitcoin from its IBIT ETF on Monday, signaling investor caution.Summary
BlackRock clients executed significant redemptions totaling over $145 million in Bitcoin through its spot Bitcoin ETF (IBIT) on Monday. This substantial sell-off suggests a degree of risk-averse sentiment among institutional investors regarding digital assets amid market volatility. BlackRock's Bitcoin ETF, launched in 2024, has attracted billions in assets, but client flows continue to fluctuate based on prevailing market conditions.
(Source：Crypto Briefing)