BlackRock ETF-linked addresses posted sustained BTC outflows
ChainCatcher reported that, according to monitoring by Lookonchain, addresses associated with BlackRock’s ETF have recorded net Bitcoin outflows for 10 consecutive trading days. Over that period, cumulative net outflows reached 35,980 BTC, which the report valued at approximately $2.24 billion.
Based on the wording of the alert, the figures refer to address-level on-chain movements tied to the ETF. For professional market participants, consecutive multi-day outflow data of this kind is commonly used as a reference when assessing spot Bitcoin ETF flow trends and changes in institutional positioning visible on-chain.
On-chain tracking adds another reference for ETF flow analysis
The disclosed data was attributed to Lookonchain and republished by ChainCatcher. The short news item only provided the number of consecutive trading days, the total BTC outflow, and the approximate USD value. It did not include a day-by-day breakdown, creation and redemption details, or additional operational context behind the transfers.
At this stage, no further details were included in the original flash report. Any follow-up assessment would need to rely on subsequent ETF flow disclosures, custodian wallet activity, and additional on-chain transfer records. Source: https://www.chaincatcher.com/newsflash/2274853 .