NYDIG Says $1.3 Billion IBIT Trade Reveals Urgent Bitcoin ETF Exit

Bitcoin ETF 10-Day Outflow Streak: Should You Panic? The post Bitcoin ETF News: BTC ETFs Hit 10-Day Outflow Streak, Is Institutional Hype Over? appeared first on 99Bitcoins.

Institutional outflows from Bitcoin ETFs highlight growing macroeconomic and geopolitical concerns, impacting Bitcoin's short-term market prospects. The post Bitcoin ETF outflows near $3B as institutional sentiment declines appeared first on Crypto Briefing.

U.S. spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.

The post Bitcoin Stalls Near $73K as $1.26B IBIT Block Hits, Kraken Plans US Perps appeared on BitcoinEthereumNews.com. Bitcoin News A $1.26 billion off-exchange block sale of BlackRock’s iShares Bitcoin Trust executed on May 26 appears to reflect a single large investor seeking a rapid exit rather than a hedge-fund unwind. Roughly 29.21 million IBIT shares changed hands at $43.16, a $1.01 discount to the prevailing $44.17 market price — a 2.3% concession totaling about $29.5 million in execution cost. Research circulated this weekend noted that the magnitude of the discount points to a seller prioritizing speed and certainty over price. The transaction cleared through the FINRA/Nasdaq TRF Carteret venue, which institutions typically use for privately negotiated trades. Analysts pushed back on the theory that the trade represented a closed basis position. Such a strategy — long spot Bitcoin via ETF, short CME futures — would have lost meaningful expected return at a 2.3% execution hair

The post Citi Sees $5.5T Tokenized Market by 2030 as $1.3B IBIT Block Trade Signals Whale Exit appeared on BitcoinEthereumNews.com. Crypto News A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) executed on a dark pool last week likely reflected a single whale liquidating a concentrated directional position rather than a routine basis-trade unwind. The seller offloaded 29.2 million shares at $1.01 below the prevailing market price of $44.17, effectively paying a $29.5 million premium for immediate execution. Research from financial services firm NYDIG flagged that the use of a private venue, the size discount, and the urgency profile all point to one sophisticated holder cutting exposure. Bitcoin slid 2.8% on the day, yet markets absorbed the supply with notable orderliness. Citi published a forecast projecting the global tokenized securities market will surge from roughly $17 billion today to $5.5 trillion by 2030 in its base case, with a bullish range stretching

The post Mystery Investor Offloads $1.26B in BlackRock Bitcoin ETF (IBIT) — Analysis Inside appeared on BitcoinEthereumNews.com. Key Takeaways An unidentified investor liquidated $1.26 billion in BlackRock’s IBIT holdings through a single off-exchange block transaction on May 26 The sale included a 2.3% discount — roughly $29.5 million — indicating urgency trumped price optimization Crypto investment firm NYDIG dismissed basis trade liquidation theories, citing the steep discount and absence of corresponding CME bitcoin futures activity The holding size exceeded any individual IBIT position reported in recent 13F disclosures, complicating identification efforts Spot bitcoin ETFs in the U.S. experienced consecutive daily outflows between May 15 and May 29, with aggregate assets declining from $107.75 billion to $94.17 billion A mysterious investor unloaded $1.26 billion in BlackRock’s iShares Bitcoin Trust holdings through a massive off-exchange transaction on May 26. The unprecedented

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.

The post Bitcoin (BTC) Spot ETFs Record $1.42B in Weekly Outflows as Price Tumbles to $73K appeared on BitcoinEthereumNews.com. Key Takeaways Spot Bitcoin ETFs in the United States experienced $1.42 billion in net redemptions over the past week — marking the third-largest weekly outflow in history. BlackRock’s IBIT fund dominated the exodus with approximately $966 million in outflows, including a single-day withdrawal of $448 million. ETF issuers liquidated roughly 19,021 BTC within seven days — equivalent to 42 days’ worth of fresh mining production. Bitcoin’s value declined more than 4% over the week, settling near the $73,000 mark. Broader economic factors — persistent inflation data, climbing Treasury yields, and international tensions — continue fueling investor retreat. Bitcoin retreated more than 4% during the past week, settling around the $73,000 level after temporarily climbing back above $82,000 in May. This downturn coincided with substantial capital flight from US spot Bit