BlackRock clients redeemed $177.95M in Bitcoin from the iShares Bitcoin Trust (IBIT), continuing a pattern of institutional ETF outflows in 2025.

Crypto ETP outflows extended to $1.47B last week as bitcoin posted its worst weekly redemption of 2026 with risk-off spreading globally.

A $1.29 billion dark pool block trade in BlackRock's IBIT Bitcoin ETF executed with minimal market impact, signaling growing institutional depth in crypto.