Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
BlackRock’s IBIT fund lost about $145 million in Bitcoin on Monday after a massive wave of client redemptions, a new sign of continued investor caution amid market volatility.
These huge recoveries highlight the impact of capital flows on market valuations and the level of institutional interest in digital assets.
BlackRock launched a Bitcoin exchange-traded fund in 2024, which quickly became one of the most important channels for institutional and individual investors to invest in the cryptocurrency.
Although the fund has attracted billions of dollars since its launch, client traffic is still significantly affected by market conditions and volatility.
Also read:
Bitcoin Price Is Testing Below $90,000 Levels, Most Alternative Digital Currencies Are Falling
Strategy Firm Makes Largest Bitcoin Purchase Since July 2025
