🔴BlackRock just deposited 7.432 bitcoin:native ($446M) onto Coinbase Prime today - the largest net withdrawal of bitcoin:native in a single day ever for #BlackRock.


US spot Bitcoin ETFs had net withdrawals of $1.79B last week - confirming the second largest outflow week in history (record is $2.61B in the last week of February 2025), and the 7th consecutive withdrawal week, the longest ever.
Investors $IBIT are losing an average of about 40%, while exactly one year ago this figure was +30%.
IBIT still has cumulative inflows of over $60.7B but its NAV is now only about $44.4B.
Ethereum ETFs are not much better, also marking 7 consecutive weeks of net selling, with outflows $273M last week.
Only the Hyperliquid ETF attracted more than $108M in one day, with cumulative nearly $294M.
The Fed's hawkish signals have never been good for the market, moreover the dot plot also shows high unity, reversing the trend of division under Powell.
BTC-1.14%
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