BlackRock made waves, unloading over $500 million worth of Bitcoin in a single day on November 18, continuing a bearish streak that’s now dragged on for five days straight.
The sell-off equated to about 5,600 Bitcoin slipping out of BlackRock’s holdings, marking the largest single-day reduction since the launch of its Bitcoin-related funds.
BlackRock still holds $72 billion Bitcoin
This massive outflow pushed BlackRock’s weekly Bitcoin ETF withdrawals to $1.42 billion, according to the HeyApollo ETF tracker.
bad news guys
BLACKROCK JUST SOLD MORE $BTC THAN EVER BEFORE
They dumped $523M BTC, the highest daily outflow IBIT has ever seen. pic.twitter.com/3KDwRJbg1U
— Arkham (@arkham) November 19, 2025
Despite this, analysts shared that BlackRock still holds Bitcoin net assets valued at nearly $72 billion, which represents roughly 3.9% of Bitcoin’s total circulating supply.
But BlackRock isn’t the lone elephant stomping through the market.
Over the past week, Bitcoin ETFs collectively dumped 3,926 BTC, about $363 million, and on a monthly scale, outflows reached 22,886 BTC.
This coming amid Bitcoin’s attempts to stabilize, it briefly climbed over $91,000 after slipping below $90,000 earlier in the week but still closed the period down by over 12%.
Institutional flows remain quite shaky
Why the jitters? Experts say market uncertainty looms large due to upcoming Federal Reserve rate decisions. T
raders are split on whether to expect a 25-basis-point cut in December , current betting odds sit near 52%.
Until clarity emerges, institutional flows remain quite shaky, with similar pressure hitting spot Ethereum ETFs too.
BlackRock’s Ethereum fund saw $165 million exit on the same day, even as competitors gained a modest $91 million.
BlackRock’s large Bitcoin sell-off
The broader crypto market feels the pinch, too, suffering a $2 billion hemorrhage in cryptocurrency investment products last week, the largest weekly retreat since February.
The total market value for cryptocurrencies slid from around $3.7 trillion at the start of November to roughly $3.1 trillion as of this report.
All told, BlackRock’s large Bitcoin sell-off is both a symptom and a catalyst of heightened volatility in crypto markets right now, signaling that institutional investors are increasingly nervous as they eye macroeconomic indicators and brace for uncertain policy moves.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
