Update
BlackRock Bitcoin ETF Sells $104.97 Million in Bitcoin
BlackRock's iShares Bitcoin Trust, the largest spot Bitcoin ETF in the US, reported $104.97 million in net outflows from investors redeeming their shares. This follows a sharp drop in trading volume across US spot Bitcoin ETFs, with total ETF volume falling to just over $3 billion. The outflow coincides with significant changes in IBIT positions, with Hong Kong-based Laurore and Jane Street increasing their holdings, while Brevan Howard and Goldman Sachs reduced theirs.