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Bitcoin ETF selling by BlackRock clients raises doubts about Bitcoin rally amid macroeconomic pressures.

Market News
27 May 2026, 17:23 WIB
UToday
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Bearish
Bitcoin ETF selling by BlackRock clients raises doubts about Bitcoin rally amid macroeconomic pressures.

BlackRock clients have continued selling Bitcoin ETFs, with a recent outflow of 2,538 BTC worth $192.53 million to Coinbase Prime, signaling waning institutional confidence in Bitcoin's growth. This selling streak contributes to a broader trend of capital outflows from Bitcoin ETFs in the U.S., driven by macroeconomic challenges such as high inflation, geopolitical tensions, and steady high Treasury yields. Despite these outflows, U.S. Bitcoin ETFs still manage $98.40 billion, indicating that major investors remain profitable but cautious. The outlook suggests continued defensive positioning by institutions until economic conditions improve.

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