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BlackRock sells $405M worth of Bitcoin as IBIT redemptions pile up

Crypto Briefing·November 3, 2026·1 min read
BlackRock sells $405M worth of Bitcoin as IBIT redemptions pile up

BlackRock sold $405 million worth of Bitcoin as redemptions from its IBIT ETF piled up. Institutional outflows from Bitcoin ETFs may signal broader market volatility, potentially impacting short-term Bitcoin prices and investor sentiment. The move reflects shifting institutional interest in crypto exposure.

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