Blackrock ETF offloads $448 million Bitcoin in 2026, Jordan Kerridge notes

Blackrock ETF offloads $448 million Bitcoin in 2026, Jordan Kerridge notes
Blackrock posts large Bitcoin outflow

Jordan Kerridge reports that Blackrock ETF sold $448,330,000 worth of Bitcoin. This transaction marks the second largest outflow for 2026.

Kerridge previously highlighted that $6.56 billion in crypto long positions could be wiped out if Bitcoin's price drops to $75,500, according to his recent report. He also reported on the Senate Banking Committee's scheduled vote on the crypto Clarity Act for May 14 at 10:30 a.m. EST, as detailed in a separate update. These developments come as Bitcoin traders monitor large ETF outflows and regulatory actions.

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