BlackRock Sees $2.24 Billion Net Outflow of BTC and ETH in 10 Days

News Editor

2026-06-04 12:54:14

On-chain data shows BlackRock had net outflows of 30,119 BTC ($1.92bn) and 161,800 ETH ($320mn) in the past 10 days, raising attention on institutional ETF flows.

BlackRockBitcoinEthereumOutflowsOn-chain Data

According to on-chain monitoring by Lookonchain, BlackRock, the world’s largest asset manager, recorded significant net outflows in cryptocurrencies over the past 10 days. Specifically, it saw a net outflow of 30,119 BTC, worth approximately $1.92 billion, and 161,800 ETH, worth around $320 million.

BlackRock is a primary issuer of spot Bitcoin and Ethereum ETFs, with its iShares Bitcoin Trust (IBIT) and Ethereum Trust (ETHA) being the largest products of their kind globally. The outflows occurred amid broader market turbulence, though BlackRock has not provided any official explanation for the moves.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

400

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.