BlackRock's IBIT offloads $145 million in Bitcoin
Key Takeaways
- BlackRock clients sold off $145 million in Bitcoin in a single day through the company's ETF.
- This sizable redemption signals a shift in institutional investor sentiment towards Bitcoin.
BlackRock clients offloaded over $145 million in Bitcoin on Monday, executing large redemptions through the asset manager’s Bitcoin ETF (IBIT).
The sell-off reflects continued investor caution in a volatile market. Major fund redemptions can influence discussions about institutional appetite for crypto assets.
BlackRock launched its Bitcoin ETF in 2024, becoming one of the largest providers of crypto exposure to institutional and retail investors. The fund has attracted billions in assets since its debut, though client flows have varied with market conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZK-Technology's Rapid Rise: Advancements in Blockchain Scalability and Signs of Growing Institutional Embrace
- Zero-knowledge (ZK) technology is accelerating blockchain adoption through scalability breakthroughs, with ZK rollups processing 10B+ Ethereum transactions and achieving 15,000 TPS. - Institutional giants like JPMorgan , Goldman Sachs , and Deutsche Bank are deploying ZK-based systems for secure settlements and tokenized asset management, signaling mainstream validation. - ZK infrastructure now supports $3.5B TVL across platforms like ZKsync and StarkNet, with Ethereum's zkEVM upgrade attracting $200M in
Astar (ASTR) Price Rally: Blockchain Integration and the 2025 DeFi Revival
- Astar (ASTR) surges in 2025 due to on-chain adoption and DeFi renaissance, driven by Agile Coretime upgrades and institutional investments. - Q3 2025 saw 20% active wallet growth and $2.38M TVL, contrasting with broader DeFi’s decline, highlighting Astar’s liquidity resilience. - Strategic partnerships with Web2 giants boost ASTR’s real-world utility via loyalty programs and decentralized identity solutions. - Astar 2.0’s 150,000 TPS cross-chain interoperability bridges Ethereum , Polkadot , and Binance,
Astar 2.0 and What It Means for Blockchain Infrastructure
- Astar 2.0 introduces a modular cross-chain infrastructure supporting EVM and WASM, enhancing DeFi scalability and interoperability. - Key upgrades include Astar zkEVM for low-cost transactions and LayerZero integration to bridge Ethereum , Polkadot , and Binance Smart Chain. - Tokenomics 3.0 features a fixed 10.5B ASTR supply and dApp Staking v3, incentivizing liquidity and governance participation through the Astar Contribution Score. - Strategic partnerships with Startale and Plaza, plus Agile Coretime
Aster DEX's Adoption of Ethereum Layer 2: Driving Enhanced Liquidity and Improved Trading Performance
- Aster DEX integrates Ethereum L2 solutions to boost liquidity and trading efficiency via hybrid AMM-CEX architecture and AI routing. - Platform attracts 2M+ users and $3T+ Q3 2025 volume but faces stagnant fees and declining open interest despite 800% volume surge. - ZK Rollups adoption enables faster transactions and institutional trust, though proof generation complexity remains a deployment challenge. - Protocol updates including 300x leverage and yield-generating collateral reduced liquidation risks
Trending news
MoreCrypto prices
More
