Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

BlackRock's Bitcoin ETF sees $528M outflow despite Bitcoin holding above $73K.

Market News
29 May 2026
Tokenpost
View Source
Neutral
pluang ai news

BlackRock's iShares Bitcoin Trust experienced a significant $528 million outflow in one day, its second-largest since launch, even as Bitcoin remained above $73,000. Despite this, the ETF has seen strong cumulative inflows of about $64 billion and remains in the top 2% of ETFs by flows year-to-date. Analysts suggest the outflow may reflect short-term profit-taking or risk management rather than a loss of institutional interest. Regulatory developments in the U.S. signal a more supportive environment for crypto, with plans for clearer rules and a national crypto roadmap under the Trump administration. Meanwhile, corporate Bitcoin purchases and developments in crypto banking infrastructure continue to support market stability.

More News (BTC)

Solana holds $80 support amid selling pressure; key level may decide recovery or deeper drop.

Solana holds $80 support amid selling pressure; key level may decide recovery or deeper drop.

Solana's price is holding above the critical $80 support zone despite recent selling pressure and market volatility. Analysts highlight this level as pivotal: maintaining it could lead to a recovery toward $100-$120, while breaking below may trigger ...

Technical Signals
Neutral
4 hours ago
Bitcoin stalls near $73,500 amid record 9-day ETF outflows and waning buyer demand

Bitcoin stalls near $73,500 amid record 9-day ETF outflows and waning buyer demand

Bitcoin is stabilizing around $73,500, about 10% below its monthly high, due to a shortage of new buyers rather than increased selling. Despite broader risk assets gaining from easing geopolitical tensions around the Strait of Hormuz, Bitcoin's weakn...

Market News
Bearish
5 hours ago
Bitcoin drops to $72K amid broad institutional selling, while retail traders rush to buy the dip.

Bitcoin drops to $72K amid broad institutional selling, while retail traders rush to buy the dip.

Bitcoin's price fell to $72,000 this week due to widespread selling across spot, futures, and ETF markets, primarily driven by institutional investors. Retail traders quickly responded by buying at this dip, opening new long positions and creating so...

Market News
Neutral
5 hours ago
Bitcoin falls to April lows amid mixed crypto signals while US stocks hit new highs

Bitcoin falls to April lows amid mixed crypto signals while US stocks hit new highs

Bitcoin dropped to its lowest level since early April after failing to break above $83,000, signaling a potential bear market with a pattern of lower highs since October. Despite this, US stock futures for the S&P 500 and Nasdaq 100 rose, nearing rec...

Market News
Bearish
6 hours ago
Hyperliquid's HYPE token surges 11% as top cryptos like Bitcoin and Ethereum stall.

Hyperliquid's HYPE token surges 11% as top cryptos like Bitcoin and Ethereum stall.

Hyperliquid's native token HYPE gained over 11% in the past day, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, which showed minimal gains. Despite a general decline in derivatives trading volume for top cryptos, HYP...

Market News
Bullish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App