Bitcoin ETFs are facing a new wave of withdrawals, with BlackRock in the spotlight.
The year 2025 is still an unpredictable factor for the cryptocurrency market, especially for Bitcoin (BTC). The market’s course is uncertain, characterized by significant price fluctuations of up to 10%, more than $1 billion in liquidations almost every weekend, and important events such as the U.S. creating a strategic Bitcoin reserve.
Currently, the most consistent element in the market is its inconsistency. To worsen the situation, few investors are inclined to endure this turbulent journey during such ambiguous times, preferring to observe and wait based on recent patterns. This pattern is particularly evident when examining the Bitcoin ETF environment.
According to the latest information from Lookonchain, these crypto investment instruments have once again encountered outflows in the last 24 hours, with a net outflow of -$137.62 million, equivalent to -1,537 BTC.
In the past week alone, the market experienced outflows surpassing $2.9 billion, and this pattern does not appear to be reversing.
Over the past day, BlackRock’s Bitcoin ETF IBIT underwent the largest outflow. During this period, the financial giant, overseeing $10 trillion in assets, lost 689 BTC, roughly $61.7 million.
This number indicates the selling activity of IBIT ETF owners.
Toncoin (TON) Value Forecast for March 26th
Currently, BlackRock still possesses 571,970 BTC, valued at $51.23 billion at prevailing prices. The total possessions of all Bitcoin ETF issuers are almost twice that number, reaching 1,127,831 BTC, worth $101 billion.
