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BlackRock's $287M Bitcoin deposit on Coinbase sparks sell-off fears amid ETF outflows.

Market News
14 May 2026
Cointribune
View Source
Neutral
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BlackRock deposited $287 million in Bitcoin on Coinbase, triggering speculation about a large sale amid record $635 million outflows from Bitcoin ETFs in 24 hours. Despite this, Bitcoin showed resilience, rebounding slightly to around $79,929. The move comes as regulatory concerns rise with the Clarity Act in the US Senate, causing uncertainty in the crypto market. Investors are watching ETF flows and major holders closely to see if this signals a sell-off or a strategic repositioning before a rebound.

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