BlackRock's IBIT Sells 2,610 BTC Worth $257M

Published at 2025-11-14 07:48:44

BlackRock’s iShares Bitcoin Trust (IBIT) liquidated 2,610 BTC, roughly $257 million, on Nov. 14, 2025. The size of the sale makes it one of the larger single-day institutional offloads this year and arrived amid subdued BTC price action, raising short-term supply concerns as traders and market makers absorbed the coins.

The move matters because IBIT is a major institutional vehicle; large outflows or rebalancing by such trusts can influence liquidity, sentiment, and other ETFs’ flows. Reasons may include portfolio reweighting, client redemptions, or risk management rather than a directional conviction against crypto, but the sale underscores how institutional behavior can alter market dynamics. Watch ETF flows, on-chain transfers, and order-book depth in the coming days for signs of sustained selling or quick re-accumulation by other buyers.

Share on:

Related news

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16
U.S. Executes First 2026 Bitcoin Transfer From Government Wallet Amid Iran Crisis

On March 3, 2026, U.S. federal authorities moved a small amount of Bitcoin from a government-controlled wallet, the first blockchain-recorded Bitcoin transaction by the U.S. this year. The transfer was logged on-chain amid heightened tensions around Iran.

Published at 2026-03-04 07:30:13
Core Scientific to Sell Most of 2,500 BTC to Fund AI Data Centers

Core Scientific plans to sell most of its 2,500 BTC in Q1 2026 to boost liquidity and finance AI-focused data center buildouts. The move underscores a broader industry shift as public bitcoin miners pivot toward high-performance computing.

Published at 2026-03-04 06:45:13
AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

Published at 2026-03-04 04:00:46
Ray Dalio: 'There Is Only One Gold' — Bitcoin Falls Short as Safe Haven

Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.

Published at 2026-03-04 00:45:31