BlackRock’s iShares Bitcoin Trust Redemptions are Pulling a Drift on Crypto Market Performance

The reported outflows—approximately $211 million from BlackRock’s iShares Bitcoin Trust (IBIT) and $221 million from iShares Ethereum Trust (ETHA)—represent client redemptions, not BlackRock actively selling its own positions. These triggered the ETF to sell underlying BTC (2,400 BTC) and ETH (75,000 ETH) to meet cash demands. Overall, spot Bitcoin ETFs saw ~$277–358 million in net […] The post BlackRock’s iShares Bitcoin Trust Redemptions are Pulling a Drift on Crypto Market Performance appeared first on Tekedia.

BlackRock’s iShares Bitcoin Trust Redemptions are Pulling a Drift on Crypto Market Performance
Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

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Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

The reported outflows—approximately $211 million from BlackRock’s iShares Bitcoin Trust (IBIT) and $221 million from iShares Ethereum Trust (ETHA)—represent client redemptions, not BlackRock actively selling its own positions. These triggered the ETF to sell underlying BTC (2,400 BTC) and ETH (75,000 ETH) to meet cash demands. Overall, spot Bitcoin ETFs saw ~$277–358 million in net […]

The post BlackRock’s iShares Bitcoin Trust Redemptions are Pulling a Drift on Crypto Market Performance appeared first on Tekedia.

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