#eric-balchunas

[rwatimes]

Bitcoin Drop Linked To Hidden $1.3 Billion ETF Trade, Analyst Reveals

Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and

➤ A single large dark pool trade of $1.3 billion in BlackRock's iShares Bitcoin Trust ETF preceded a significant drop in Bitcoin's price. ➤ This event contributes to an ongoing trend of over $2 billion in net outflows from US spot Bitcoin ETFs since May 14. ➤ The sell-off reflects a broader pattern of institutional investors, including major firms like Jane Street and Goldman Sachs, reducing their Bitcoin ETF holdings.

[rwatimes]

BlackRock Bitcoin ETF IBIT Records $2.3B April Inflows, Surprising Analysts with Long-Term Potential

BitcoinWorld BlackRock Bitcoin ETF IBIT Records $2.3B April Inflows, Surprising Analysts with Long-Term Potential BlackRock’s Bitcoin ETF, known as IBIT, recorded $2.3 billion in net inflows during April 2025. This performance ranks the fund 11th overall among all exchange-traded...

➤ BlackRock's Bitcoin ETF (IBIT) saw $2.3 billion in April inflows, ranking 11th globally among ETFs, despite a negative year-to-date return. ➤ Analysts like Eric Balchunas view these inflows as a strong indicator of long-term investor confidence and potential for Bitcoin-focused financial products. ➤ The success of IBIT highlights the growing acceptance of crypto ETFs, offering investors ease of trading, custody, and simplified tax reporting compared to direct Bitcoin holdings.