BlackRock dumped almost $450 million of these cryptocurrencies in a week
BlackRock recorded heavy outflows from its spot crypto exchange-traded funds (ETFs) over the past week, amid a sustained sell-off across the market. According to data, the world’s largest investment firm saw combined withdrawals from its Bitcoin (BTC) and Ethereum (ETH) products reach roughly $443 million. The bulk of the outflows came from the firm’s Bitcoin ETF, IBIT, which saw about $158 million exit over five trading sessions. Notably, the week began on a strong note, with a $160
BTC
ETH
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