BLACKROCK’S BTC RESERVES ARE BLEEDING
The narrative around institutional adoption is facing a harsh reality check. BlackRock’s flagship spot Bitcoin ETF, $IBIT, is currently experiencing its longest and most severe outflow streak since launch. We are looking at a sustained capital drain, resulting in a reduction of nearly 30,000 $BTC from their holdings. This isn't just a minor fluctuation; the fund has shed roughly $2.7 billion in a continuous weekly exodus.
Zooming out, the scale of the rotation becomes clear. The total spot Bitcoin ETF AUM has decreased by a stunning $30 billion to $40 billion across the board. This move signals a profound shift. It began with minor net asset value compression, but now it is outright capital flight. Traditional money is not abandoning digital assets, but it is demonstrably rotating out of the current $BTC ETF structure, likely seeking yield or positioning ahead of major catalysts for assets like $ETH. When giants like this reallocate capital, the entire market architecture feels the pressure.
This is not financial advice.
#ETFs #CapitalFlow #BlackRock #Bitcoin #Macro
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