BlackRock Has Entered Its Longest Redemption Streak Ever

The institutional demand narrative that propelled Bitcoin to its recent highs has fundamentally fractured. BlackRock’s $IBIT, the titan of the ETF launch, is currently logging its longest stretch of weekly outflows since its January debut.

We are looking at over $2.7 billion withdrawn, a staggering reversal of momentum. While the fund still commands over $71 billion in assets, the critical signal is the behavior change. When the largest institutional vehicle shows five consecutive weeks of net selling—including $113 million on Thursday alone—it explains the lack of buying pressure.

This is not a simple correction; it is institutional rotation and a temporary failure of the primary demand engine. $BTC currently sits 27% off its peak because the market structure requires continuous, massive capital injection from these players to absorb selling pressure. Until BlackRock and its peers signal renewed conviction with positive flows, expect consolidation and grinding action. The institutional appetite dictates the macro ceiling.

This is not financial advice. Do your own research.

#Bitcoin #CryptoFlows #IBIT #MacroAnalysis #ETFs

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