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.

  Business   Dec 19, 2025   0   8  Add to Reading List
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.

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