Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

BlackRock clients sell $219M in Bitcoin as June sees $4B outflows from US Bitcoin ETFs

Market News
02 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

BlackRock's iShares Bitcoin Trust experienced a massive $219 million redemption on July 1, part of a broader June trend where US spot Bitcoin ETFs saw over $4 billion in outflows. This marks the largest monthly withdrawal since these ETFs launched, driven mainly by institutional investors rebalancing portfolios amid rising Treasury yields and economic uncertainty. The selling pressure from these redemptions adds supply to Bitcoin markets, keeping prices stable between $58,000 and $60,000 but dampening recovery hopes. The trend signals cautious sentiment among institutions rather than panic selling, with significant implications for Bitcoin ETF market dynamics going forward.

More News

Global smart card market to reach $26.8B by 2035, driven by digital ID and contactless payments growth

Global smart card market to reach $26.8B by 2035, driven by digital ID and contactless payments growth

The global smart card market, valued at $16.44 billion in 2025, is projected to grow to $26.80 billion by 2035 at a CAGR of 4.63%. Growth is fueled by rising adoption of contactless payments, digital identity programs, and secure authentication in ba...

Market News
Bullish
1 hour ago
Tour de France launches AI-powered 'Inside My Race' for personalized fan insights and real-time race storytelling.

Tour de France launches AI-powered 'Inside My Race' for personalized fan insights and real-time race storytelling.

Capgemini and the Tour de France have introduced 'Inside My Race,' an AI-driven digital platform offering fans personalized, near real-time insights and storytelling during the race. The platform uses generative AI to transform complex race data into...

Others
Bullish
1 hour ago
Capgemini and Tour de France launch AI-powered personalized digital fan experience.

Capgemini and Tour de France launch AI-powered personalized digital fan experience.

Capgemini and the Tour de France have introduced "Dans Ma Course," a new AI-driven digital platform that offers fans a personalized and immersive way to follow the race in near real-time. This innovative tool uses generative AI to transform complex r...

Others
Bullish
1 hour ago
Sanoma acquires Polish AI-based language tutoring platform Fluentbe to expand learning business.

Sanoma acquires Polish AI-based language tutoring platform Fluentbe to expand learning business.

Sanoma has acquired Fluentbe, a Polish digital language tutoring platform that uses AI to offer personalized language learning for individuals and companies. Fluentbe serves over 40,000 students and collaborates with more than 600 highly qualified tu...

Company Fundamentals
Bullish
1 hour ago
Sanoma acquires Polish AI language tutoring platform Fluentbe to expand K12 learning in Poland

Sanoma acquires Polish AI language tutoring platform Fluentbe to expand K12 learning in Poland

Sanoma Corporation has acquired Fluentbe, a Polish AI-powered online language tutoring platform, to enhance its K12 education offerings in Poland. Fluentbe, founded in 2015, serves over 40,000 students with personalized AI-driven language learning an...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

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