BlackRock Sells 5,300 Bitcoin Amidst Market Volatility
- BlackRock offloads 5,300 BTC due to ETF redemptions.
- BTC drops 2%, impacting market stability.
- Institutional sentiment shifts towards risk-off approach.
BlackRock Inc., the world’s largest asset manager, experienced net outflows of 5,300 Bitcoin this week due to investor redemptions in its U.S. spot Bitcoin ETF.
This significant move underscores institutional risk-off sentiment, amplifying market volatility and contributing to a 2% drop in Bitcoin prices amid broader crypto market turbulence.
BlackRock, the largest asset manager, sold 5,300 Bitcoin this week amid market volatility.
These moves highlight growing uncertainty and risk-aversion among institutional investors, influencing broader cryptocurrency market trends.
BlackRock Drives 5,300 BTC ETF Outflows
BlackRock, issuer of the U.S. spot Bitcoin ETF, recorded net outflows of 5,300 BTC, driven by investor redemptions. This action reduced its holdings to approximately 798,000 BTC.
These movements occur amidst significant market volatility. Thomas Fahrer from HeyApollo noted BlackRock’s substantial contribution to the week’s total BTC ETF outflows of 8,132 BTC. “BlackRock has accounted for more than half of this week’s Bitcoin ETF outflows, which have amounted to a total of 8,132 BTC, worth $861 million.”
Bitcoin Price Falls 2% After BlackRock Sell-off
Following BlackRock’s sell-off, Bitcoin’s price dropped by more than 2%, heightening concerns of further market instability. This event accelerated the prevailing risk-off sentiment among institutional investors.
The financial markets witnessed increased volatility, with larger implications for other major cryptocurrencies like Ethereum, which also saw significant outflows during the same period.
October 2025 ETF Outflows Prompt Comparison
Similar ETF-driven outflows in the past have led to substantial market downturns. October 2025 witnessed a crash with $19 billion in liquidations, mirroring current market behavior.
Experts suggest that market stabilization will take time. Tom Lee of Fundstrat emphasized the sustained impact of deleveraging, expressing hope for future market recovery. “Hopefully headwinds become tailwinds when you can resolve these things… The October 10 deleveraging was the biggest in history, and that means there are still ripple effects being felt even two weeks later. It’s going to take some time for confidence to come back.”
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