{"id":915979,"date":"2026-06-28T10:12:19","date_gmt":"2026-06-28T15:12:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/28\/blackrock-bitcoin-etf-investors-now-down-40-as-1-79-billion-leaves-spot-etfs\/"},"modified":"2026-06-28T10:12:19","modified_gmt":"2026-06-28T15:12:19","slug":"blackrock-bitcoin-etf-investors-now-down-40-as-1-79-billion-leaves-spot-etfs","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/28\/blackrock-bitcoin-etf-investors-now-down-40-as-1-79-billion-leaves-spot-etfs\/","title":{"rendered":"BlackRock Bitcoin ETF Investors Now Down 40% as $1.79 Billion Leaves Spot ETFs"},"content":{"rendered":"
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\"BlackRock<\/figure>\n<\/div>\n
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The recent Bitcoin crash has hit BlackRock ETF investors much harder than many expected. The average IBIT investor is now down nearly 40%, and panic selling pushed $1.79 billion out of U.S. spot Bitcoin ETFs. This made it the second biggest weekly withdrawals since the funds launched.<\/p>\n

BlackRock Bitcoin ETF Investor Falls Into 40% Loss<\/h2>\n

According to ETF Store President Nate Geraci, BlackRock\u2019s iShares Bitcoin Trust (IBIT) grew rapidly after launching in 2024, eventually reaching $44.4 billion in assets under management.<\/p>\n

At one point in mid-2025, the average IBIT investor was sitting on roughly a 30% profit. However, after Bitcoin\u2019s sharp correction from the October high of $126K, everything began to change completely.<\/p>\n

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Geraci says the average BlackRock Bitcoin ETF investor is now down nearly 40%, calling it a \u201cbrutal\u201d experience for many mainstream investors who entered the market through ETFs.<\/p>\n

The losses reflect just how quickly Bitcoin\u2019s decline has erased months of gains for institutional and retail investors alike.<\/p>\n

Bitcoin ETF Outflows Continue to Accelerate<\/h2>\n

The selling pressure hasn\u2019t stopped with BlackRock alone. U.S. spot Bitcoin ETFs recorded $1.79 billion<\/a> in weekly outflows, making it the second-largest weekly withdrawal since ETFs launched in January 2024.<\/p>\n

BlackRock\u2019s IBIT accounted for $860 million of those redemptions and is now on track to record its seventh consecutive week of outflows, the longest losing streak in the fund\u2019s history.<\/p>\n

On June 25, BlackRock transferred 3,410 BTC worth roughly $209.6 million to Coinbase Prime before another day saw more than 1,000 BTC leave the ETF as investors continued redeeming shares.<\/p>\n

Importantly, these Bitcoin sales are not BlackRock\u2019s own investment decision. ETF issuers are required to sell Bitcoin whenever investors redeem ETF shares.<\/p>\n

Over the past five weeks alone, IBIT has recorded more than $2.7 billion in net outflows.<\/p>\n

Weak Demand Continues to Pressure Bitcoin Price<\/h2>\n

The ETF selling comes as overall institutional demand continues to weaken. U.S. spot Bitcoin ETFs are now sitting on an estimated $22.42 billion in unrealized losses, based on an average Bitcoin purchase price near $82,899.<\/p>\n

Meanwhile, Bitcoin recently fell to a yearly low of $58,126, wiping out nearly $150 billion from the crypto market before recovering modestly.<\/p>\n

Until fresh capital begins flowing back into spot Bitcoin ETFs, market recovery could remain slow despite Bitcoin\u2019s rebound from recent lows.<\/p>\n<\/div>\n

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