BlackRock's Bitcoin ETF IBIT recorded its largest single-day outflow since inception on May 27, shedding $527.8 million — a stark reversal from the institutional inflow narrative that dominated earlier this year. The Crypto Fear & Greed Index fell to 25 on the same day, signaling extreme fear, and over $239.83 million in crypto positions were liquidated within a single 60-minute window, with long positions accounting for $234.29 million of that total.
The macro backdrop isn't helping sentiment. U.S. home foreclosures jumped 26% year-over-year in Q1 2026 to their highest level in six years, as rising insurance costs, property taxes, and HOA fees squeeze homeowners. JPMorgan CEO Jamie Dimon flagged a potential $1 billion rise in 2026 expenses and hinted at $10–20 billion in acquisition targets ahead.
Not all the news was dark. SoFi launched the first stablecoin issued by a U.S.
CoinTelegraph