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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
05/29/2026

Bitcoin Slides Below $73,000 as BlackRock’s IBIT ETF Sees Major Outflows

What happened: Spot Bitcoin ETFs experienced their largest outflows since January, with BlackRock’s IBIT ETF posting its second-largest daily net outflow on record.

Bitcoin Slides Below $73,000 as BlackRock’s IBIT ETF Sees Major Outflows

What happened: Spot Bitcoin ETFs experienced their largest outflows since January, with BlackRock’s IBIT ETF posting its second-largest daily net outflow on record. The price of Bitcoin fell below $73,000 during the session. US spot Bitcoin ETFs have now seen $596 million in net outflows year-to-date, turning negative for 2026.

Why it matters: The reversal in ETF flows signals a shift in institutional sentiment, raising questions about the sustainability of the recent Bitcoin rally. Persistent outflows from major products like IBIT may introduce volatility and pressure on BTC prices, especially as ETF performance is closely watched by both retail and professional investors.

Source: The Block