BlackRock ETFs see $91.4 million in net outflows from Bitcoin and Ether holdings
AI Market Summary
BlackRock's spot Bitcoin and Ethereum ETFs saw $91.4m in net outflows from Aug 10–14, led by IBIT with $78.9m redeemed and additional outflows across multiple days. Persistent redemptions from a major institutional gateway typically tighten near-term demand and can pressure broader crypto risk appetite. While ETH products also bled ($12.5m), the magnitude and signaling effect is most direct for BTC.
Impact level
● High
Affected assets
BTC/USDT+0.06%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Between Aug. 10 and Aug. 14, BlackRock's spot Bitcoin and Ether ETFs recorded combined net outflows of $91.4 million. The iShares Bitcoin Trust (IBIT) led the retreat with $78.9 million in net redemptions, while the firm's Ether products ETHA and ETHB together saw $12.5 million leave.
Daily flow figures show persistent institutional selling pressure in IBIT: $53.6 million exited on Aug. 10, followed by $14.3 million on Aug. 12, $5.7 million on Aug. 13, and $55.5 million on Aug. 14.