On-chain monitoring data shared by Lookonchain shows that an address associated with BlackRock’s ETF has posted Bitcoin net outflows for 10 consecutive trading days. In total, the address saw 35,980 BTC leave during the period, equivalent to roughly $2.24 billion based on the reported valuation. The update highlights a sustained period of negative net flow at the address level and has drawn attention from market participants tracking institutional ETF-related wallet activity and broader capital movement trends.
BlackRock ETF-linked address posts 10 consecutive days of net outflows
According to on-chain monitoring by Lookonchain, an address associated with BlackRock’s ETF has recorded Bitcoin net outflows for 10 consecutive trading days. The cumulative outflow reached 35,980 BTC, which was valued at approximately $2.24 billion at the time of reporting.
The disclosure focuses specifically on address-level fund movement observed on-chain, indicating a sustained period of net Bitcoin reduction in the monitored BlackRock ETF-linked wallet activity. The data was published by Lookonchain on X, with the original source available at: https://x.com/lookonchain/status/2073041859958710700.
No additional details were provided in the source text regarding the exact operational context of the transfers beyond the reported consecutive net outflow streak. As reported, the key facts remain the duration of the outflow trend, the total amount of Bitcoin involved, and the estimated dollar value attached to those transfers.
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