May. 27 at 4:09 PM
A single investor dumped
$1.289B of BlackRock’s bitcoin ETF
$IBIT in a privately negotiated dark‑pool transaction yesterday
IBIT also faced
$192.4M in net redemptions on Tuesday, while US spot Bitcoin ETFs posted
$334.6M in total net outflows, marking the 7th consecutive day of withdrawals & bringing the 7‑day total to
$1.88B.
IBIT remains the largest public wrapper for spot Bitcoin exposure, making its flows a clean read on how much institutional conviction is still behind the trade
Bitcoin Spot ETF Total Assets:
$106.25B
Crucible Capital founder Meltem Demirors argued that “crypto is getting colonized,” criticizing the influence asset managers now hold over Bitcoin markets. Demirors argued that BlackRock “making billions of dollars off an ETF isn’t helping Bitcoin,” adding that packaging BTC into ETFs has done little to make the network itself more useful or accessible.
$GBTC $FBTC.X
$ARKB $BITB