BlackRock dumps over 500 Bitcoin as BTC price crashes

BlackRock’s iShares Bitcoin Trust (IBIT), the largest ￰0￱ Bitcoin ETF , recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000. According to ETF flow tracker data shared by HeyApollo co-founder Thomas Fahrer, IBIT sold 272 BTC on October 15 and another 272 BTC on October 16, bringing its two-day outflow to 544 BTC, worth around $57 million at current ￰1￱ Sells 272 Bitcoin Mild outflows, as BTC price dips Blackrock holds 804,800 BTC ￰2￱ — Thomas Fahrer (@thomas_fahrer) October 17, 2025 Despite the redemptions, IBIT’s holdings remain ￰3￱ fund still controls approximately 804,800 BTC, cementing its dominance among ￰4￱ ETFs and making it the single largest institutional vehicle for Bitcoin ￰5￱ price crash The mild outflows came as Bitcoin itself endured one of its sharpest drawdowns in ￰6￱ cryptocurrency’s market capitalization fell from $2.216 trillion on October 16 to $2.07 trillion the following day, erasing nearly $150 billion in value in under 24 hours.

U. S.-listed spot Bitcoin ETFs collectively saw more than 4,800 BTC ($531 million) in single-day outflows, their steepest drawdown since August, highlighting investor caution as macro headwinds ￰7￱ spot Bitcoin ETF flows.