BlackRock clients have sold $212 million worth of Bitcoin, according to a tweet by @WhaleInsider. This significant sale is linked to the iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF allowing clients to gain exposure to the cryptocurrency without directly holding the coins. The transaction is part of a larger trend of significant Bitcoin outflows from BlackRock’s ETF activities in 2026. Prediction markets now reflect decreased confidence that Bitcoin will reach $82,500 in July. This development could affect Bitcoin’s market dynamics and liquidity conditions in the near term.
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