BlackRock’s IBIT Posts Record $527.8 Million Outflow as Spot Bitcoin ETFs Lose $733 Million
Spot Bitcoin ETFs recorded net outflows of $733 million on May 27, more than double the roughly $334 million withdrawn a day earlier. BlackRock’s IBIT accounted for $527.8 million of the latest redemptions, marking the fund’s largest daily outflow since inception.
The latest selling followed seven straight days of withdrawals through May 26, when an unknown investor also executed a $1.29 billion dark-pool sale of IBIT shares that barely moved the fund’s price. Ethereum spot ETFs posted net outflows of $67.1508 million on May 27, led by a $65.1043 million withdrawal from BlackRock’s ETHA, while Morgan Stanley’s MSBT had the largest single-day inflow among Bitcoin funds at $4.2941 million.
From the sources (10 posts)
@tftc21Someone sold $1.3 billion of IBIT in a single block trade this morning. 29 million shares. Price barely moved.
@cointelegraph🚨 TODAY: A $1.3 billion block trade of BlackRock's $IBIT was executed at 10:30am, dwarfing all other trades on the day, per Bloomberg's Eric Balchunas. The market absorbed it with no price impact.
@cointelegraph🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on May 26, while BTC and ETH spot ETFs saw net outflows. BTC: -$333.71M ETH: -$35.04M XRP: $1.55M
@wublockchainAccording to SoSoValue data, on May 26 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 334 million, marking seven consecutive days of net outflows. Ethereum spot ETFs recorded a total net outflow of USD 35.0383 million
@coindeskMARKETS: An unknown investor executed a single $1.29B dark pool sale of @BlackRock's $IBIT as Bitcoin ETFs log seven straight days of outflows totaling $1.88B, per @intangiblecoins.
@theblockcoSpot bitcoin ETFs continue outflow streak amid $1.3 billion IBIT whale trade
@kalshi_cryptoJUST IN: BlackRock sells $190M worth of Bitcoin
@coinmarketcapLATEST: 📊 A $1.29B dark-pool sale of BlackRock’s IBIT shares on Tuesday was the largest trade of its kind, Galaxy Digital’s Alex Thorn says.
@cointelegraph🚨 JUST IN: BlackRock’s Bitcoin ETF $IBIT saw $527.8M outflows on May 27, marking its largest daily outflow since inception.
@wublockchainAccording to SoSoValue data, on May 27 (Eastern Time), Bitcoin spot ETFs recorded a total net outflow of USD 733 million. The Bitcoin spot ETF with the largest single-day net inflow was Morgan Stanley’s MSBT, with USD 4.2941 million in net