Bitcoin (BTC) News: Why BlackRock Sold $1 Billion in Bitcoin
Arkham said BlackRock sold Bitcoin every day last week as U.S. spot Bitcoin ETFs saw $1.26 billion in outflows, led by IBIT redemptions.
- BlackRock's IBIT sold $1.01 billion in Bitcoin last week, marking the heaviest weekly outflow of 2026, as roughly 15,000 BTC moved through daily deposits to Coinbase Prime to settle shareholder redemptions.
- IBIT shareholders initiated the sales by cashing out their positions; when thousands of investors redeemed shares simultaneously, BlackRock was forced to liquidate Bitcoin holdings to settle redemptions.
- April had been the strongest month of 2026 for spot Bitcoin ETFs, pulling in $1.97 billion as Bitcoin pushed above $80,000, but momentum reversed sharply as Jane Street cut holdings by about 70% and Goldman Sachs trimmed positions.
- Bitcoin dipped below $75,000 over the weekend for the first time in over a month, touching a low near $74,300 before climbing back to around $77,000 by Monday as market scale absorbed the selling pressure.
- Spot ETFs maintain around 1.3 million BTC representing 7% of all Bitcoin in existence, with cumulative inflows since 2024 surpassing $57 billion, while BlackRock filed a second tokenized fund and Bank of America added to its IBIT position.
12 Articles
12 Articles
Bitcoin (BTC) News: Why BlackRock Sold $1 Billion in Bitcoin
The post Bitcoin (BTC) News: Why BlackRock Sold $1 Billion in Bitcoin appeared first on 24/7 Wall St.. Quick Read BlackRock’s $1.01 billion in Bitcoin sales last week was not a bearish bet. It was the iShares Bitcoin Trust (IBIT) settling investor redemptions, with roughly 15,000 BTC sent in daily deposits to Coinbase Prime to meet ETF outflows. So, the selling came from BlackRock’s customers, not from BlackRock. The sale was the bulk of $1.2…
CoinStats - BlackRock sells one billion dollars of Bitcoi...
BlackRock sold 1.01 billion dollars worth of bitcoin via IBIT in five sessions, but this move does not necessarily mean that the American giant is turning its back on BTC. It mainly reveals a wave of buybacks by investors in its spot ETF, at a time when former remarks by Larry Fink on cryptos are resurfacing and clouding the market reading. L’article BlackRock sells one billion dollars of Bitcoin through its IBIT fund est apparu en premier sur C…
BlackRock has sold for $1.01 billion bitcoin via IBIT in five sessions, but this movement does not necessarily mean that the American giant is turning its back on the BTC. It reveals above all a wave of buybacks from investors in its ETF spot, as Larry Fink's former comments on crypts resurface and blur the market reading. BlackRock article resold for a billion bitcoin via its IBIT fund appeared first on Cointribune.
BlackRock, the world’s largest asset manager, has sold approximately $1 billion in bitcoin through its IBIT spot ETF on the day of May 26. This is the largest daily outflow recorded by the fund for weeks, according to Yahoo Finance data. The move is equivalent to about 10,000 bitcoins at the current price, approximately. This capital outflow breaks with the trend of net inflows that spot bitcoin ETFs had shown in recent weeks. How much has Black…
BlackRock Sells $1B in Bitcoin as ETF Outflows Hit 2026 High
BlackRock recorded its largest Bitcoin ETF outflow of 2026 after steady withdrawals throughout the past week. The asset manager sold more than $1 billion worth of Bitcoin, while the broader ETF market also posted heavy losses. Meanwhile, Bitcoin remained under pressure despite a modest recovery near the start of the week. BlackRock Leads Weekly Bitcoin ETF Outflows BlackRock reported continuous Bitcoin sales during every trading day last week. C…
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