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The post BlackRock dumped over $500 million of these cryptocurrencies this week appeared on BitcoinEthereumNews.com. This week’s cryptocurrency market sell-off has been reflected in the broader exchange-traded fund (ETF) sector, with BlackRock among the entities experiencing significant outflows. Specifically, the asset manager’s Bitcoin (BTC) and Ethereum (ETH) spot ETFs collectively recorded a net outflow of approximately $524 million for the week ending October 17, 2025. The BlackRock iShares Bitcoin Trust (IBIT) led the retreat, with roughly $279 million in outflows during the week. The heaviest withdrawals occurred on October 17, when IBIT shed about $268.6 million, marking one of its largest single-day outflows in recent months. Similarly, the BlackRock Ethereum Trust (ETHA) saw $245 million in net outflows, weighed down by a $146 million withdrawal on Friday and another $310 million outflow earlier in the week. These figures mirror a broader negative trend across the spot crypto ETF market. Total Bitcoin ETFs registered around $1.23 billion in outflows during the same period, reflecting sustained selling pressure following the mid-October market correction. Bitcoin ETF inflows/outflows chart. Source: Coinglass Ethereum ETFs also ended the week in the red, posting an aggregate $232 million net outflow across issuers. Ethereum ETF inflows/outflows chart. Source: Coinglass Crypto market sell-off Indeed, these ETF outflows contributed to the general bearish sentiment in the market. Beyond the ETF movements, concerns over the U.S. regional banking sector and rising credit risks triggered a risk-off sentiment, spilling over into cryptocurrencies. Losses in banks and fears of contagion led to significant crypto sell-offs. At the same time, geopolitical tensions between the U.S. and China, particularly the threat of 100% tariffs on Chinese tech exports, further added to the market’s instability.  These factors caused sharp declines in Bitcoin which is increasingly under threat of losing the $100,000 support.  By press time, Bitcoin was trading at $107,072, having made modest gains of about 1% in the past 24… The post BlackRock dumped over $500 million of these cryptocurrencies this week appeared on BitcoinEthereumNews.com. This week’s cryptocurrency market sell-off has been reflected in the broader exchange-traded fund (ETF) sector, with BlackRock among the entities experiencing significant outflows. Specifically, the asset manager’s Bitcoin (BTC) and Ethereum (ETH) spot ETFs collectively recorded a net outflow of approximately $524 million for the week ending October 17, 2025. The BlackRock iShares Bitcoin Trust (IBIT) led the retreat, with roughly $279 million in outflows during the week. The heaviest withdrawals occurred on October 17, when IBIT shed about $268.6 million, marking one of its largest single-day outflows in recent months. Similarly, the BlackRock Ethereum Trust (ETHA) saw $245 million in net outflows, weighed down by a $146 million withdrawal on Friday and another $310 million outflow earlier in the week. These figures mirror a broader negative trend across the spot crypto ETF market. Total Bitcoin ETFs registered around $1.23 billion in outflows during the same period, reflecting sustained selling pressure following the mid-October market correction. Bitcoin ETF inflows/outflows chart. Source: Coinglass Ethereum ETFs also ended the week in the red, posting an aggregate $232 million net outflow across issuers. Ethereum ETF inflows/outflows chart. Source: Coinglass Crypto market sell-off Indeed, these ETF outflows contributed to the general bearish sentiment in the market. Beyond the ETF movements, concerns over the U.S. regional banking sector and rising credit risks triggered a risk-off sentiment, spilling over into cryptocurrencies. Losses in banks and fears of contagion led to significant crypto sell-offs. At the same time, geopolitical tensions between the U.S. and China, particularly the threat of 100% tariffs on Chinese tech exports, further added to the market’s instability.  These factors caused sharp declines in Bitcoin which is increasingly under threat of losing the $100,000 support.  By press time, Bitcoin was trading at $107,072, having made modest gains of about 1% in the past 24…

BlackRock dumped over $500 million of these cryptocurrencies this week

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/19 00:44
2 min read
BTC
BTC$70,008.98+1.62%
ETH
ETH$2,040.26+0.58%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

This week’s cryptocurrency market sell-off has been reflected in the broader exchange-traded fund (ETF) sector, with BlackRock among the entities experiencing significant outflows.

Specifically, the asset manager’s Bitcoin (BTC) and Ethereum (ETH) spot ETFs collectively recorded a net outflow of approximately $524 million for the week ending October 17, 2025.

The BlackRock iShares Bitcoin Trust (IBIT) led the retreat, with roughly $279 million in outflows during the week.

The heaviest withdrawals occurred on October 17, when IBIT shed about $268.6 million, marking one of its largest single-day outflows in recent months.

Similarly, the BlackRock Ethereum Trust (ETHA) saw $245 million in net outflows, weighed down by a $146 million withdrawal on Friday and another $310 million outflow earlier in the week.

These figures mirror a broader negative trend across the spot crypto ETF market. Total Bitcoin ETFs registered around $1.23 billion in outflows during the same period, reflecting sustained selling pressure following the mid-October market correction.

Bitcoin ETF inflows/outflows chart. Source: Coinglass

Ethereum ETFs also ended the week in the red, posting an aggregate $232 million net outflow across issuers.

Ethereum ETF inflows/outflows chart. Source: Coinglass

Crypto market sell-off

Indeed, these ETF outflows contributed to the general bearish sentiment in the market. Beyond the ETF movements, concerns over the U.S. regional banking sector and rising credit risks triggered a risk-off sentiment, spilling over into cryptocurrencies. Losses in banks and fears of contagion led to significant crypto sell-offs.

At the same time, geopolitical tensions between the U.S. and China, particularly the threat of 100% tariffs on Chinese tech exports, further added to the market’s instability. 

These factors caused sharp declines in Bitcoin which is increasingly under threat of losing the $100,000 support. 

By press time, Bitcoin was trading at $107,072, having made modest gains of about 1% in the past 24 hours, while Ethereum had gained 3% over the same period to $3,879.

Featured image via Shutterstock

Source: https://finbold.com/blackrock-dumped-over-500-million-of-these-cryptocurrencies-this-week/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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