BlackRock ETF clients sell $19M worth of Bitcoin as spot funds see broader redemptions

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Bitcoin open interest fell 14% as traders reduced leveraged positions and shifted toward spot-market activity. BlackRock’s ETF recorded approximately $19 million in client selling, contributing to broader redemptions across U.S. spot Bitcoin funds. The flows indicate weakening institutional demand and a more defensive market posture, potentially increasing near-term downside pressure on Bitcoin.

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https://cryptobriefing.com/bitcoin-open-interest-falls-market-shift/https://cryptobriefing.com/blackrock-ibit-bitcoin-etf-outflows-3/

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