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💥💥💥 BLACKROCK RECORDS LARGEST-EVER BITCOIN OUTFLOW.
BlackRock transferred 7,432 BTC (worth approximately $446 million) to Coinbase Prime, marking its biggest single-day Bitcoin outflow on record by $BTC volume.
The firm also moved 8,150 $ETH , valued at around $13 million.
The transfers follow a week in which BlackRock's spot Bitcoin ETF, IBIT, experienced $1.3 billion in net outflows,its second-largest weekly redemption since launch.
According to Bespoke data, the average IBIT investor is currently sitting on an estimated 40% loss.
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