BlackRock’s IBIT offloads $463M in Bitcoin, largest outflow on record
NegativeCryptocurrency

The recent $463 million Bitcoin outflow by BlackRock's IBIT marks a significant shift in institutional investment strategies, reflecting a broader trend of retreat from Bitcoin ETFs. This aligns with BlackRock's earlier sale of 2,610 Bitcoin valued at $257 million, indicating a cautious approach among institutional investors. Conversely, Harvard's increased investment in BlackRock's Bitcoin ETF by 257% to $442.8 million suggests a complex landscape where some institutions are still willing to engage with crypto assets. The contrasting behaviors highlight a nuanced risk appetite in the cryptocurrency market, which could affect its overall stability.
— via World Pulse Now AI Editorial System







