U.S. Home in BTC Drops 90% Since 2020: Fidelity
A typical American home that cost more than 50 BTC in 2020 now costs just 5, a collapse that reframes the last five years of supposed housing wealth as dollar debasement, not asset gain.
Every Zipp story tagged #IBIT, newest first.
A typical American home that cost more than 50 BTC in 2020 now costs just 5, a collapse that reframes the last five years of supposed housing wealth as dollar debasement, not asset gain.
The single-day bounce is the second green session in three and the biggest inflow in over a month, but it has not yet broken the eight-week streak of net weekly outflows.
With IBIT alone at nearly $60B in cumulative flows, the rebalancing math stops being a portfolio footnote and starts shaping spot supply whenever Bitcoin runs hot.
The pullback in memory and semis, with DRAM down 25% and SMH off 12% from June highs, is happening alongside bitcoin climbing back above $61,000 from a two-year low, the first synchronous move in…
Half-year outflows are new for the category, and BlackRock's IBIT reversing its role from the system's biggest flow engine to a $5B redemption driver is the line every allocator will underline.
The same scale that made BlackRock's fund the dominant spot $BTC vehicle now weighs on price when flows reverse, with $49K back on the table if $60K doesn't hold.
The headline number is brutal, but the structural read is worse: BlackRock's IBIT alone handed back $3.55B, and the streak kept extending into the final session of the month.
The headline outflow is brutal, but the breakdown matters more: BlackRock's IBIT alone accounted for $1.3B of the exit, with $448M in leveraged longs wiped out alongside.
The bitcoin ETF complex is missing the year's hottest risk-on trade, a chip-led AI rally that has Asia's benchmark pacing its best quarter in 17 years and pulling marginal dollars away from BTC…
The size alone is the story: 7,432 BTC in a single day beats every prior IBIT outflow day on record, and the deposits hit Coinbase Prime during US trading hours, not offshore.
When the largest spot Bitcoin ETF keeps bleeding while price tests $58K, the order book on the tape tells the real story: every failed bounce is now a referendum on ETF demand.
Seven straight sessions of outflows and seven straight negative weeks reset the cost basis for the average spot BTC ETF holder, with the IBIT cohort now deep underwater from its mid-2025 high.
The average IBIT holder is now deeper underwater than at any point since launch, and the entry-timing damage is concentrated in the same retail cohort the product was designed to onboard.
Two days of consecutive transfers from IBIT and ETHA into Coinbase Prime point to institutional rebalancing, not panic, but the pace is the fastest since the January ETF peak.
The endorsement matters less for the 1-2% number than for what it signals: BlackRock is now teaching advisors how to position BTC inside a traditional 60/40.
With $10B of Bitcoin options set to expire June 26 and 80% out of the money, derivatives are now setting spot prices — and the same shift is reshaping equities, prediction markets, and tokenized…
A single-day pull of this size out of BlackRock's IBIT is unusual enough to read as a positioning event — and the parallel ETHA outflow keeps the move from looking like a routine rebalance.
The Form 8-A filing on the iShares Bitcoin Premium Income ETF is the last procedural move before trading; BITA will run a covered-call strategy on $49B IBIT at a 0.65% fee that undercuts every…
The 0.65% sponsor fee is the real story, not the ticker: BITA enters a two-fund race where the two existing leaders charge 0.95% and 0.99%, giving BlackRock distribution leverage from day one.
The iShares Bitcoin Premium Income ETF carries a 0.65% sponsor fee — undercutting the two largest covered-call bitcoin ETFs — and Balchunas says launch is imminent as BlackRock races Goldman.