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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InReflecting a shift in institutional risk appetite, the cryptocurrency market has faced intense selling pressure that halted recent inflow momentum. BlackRock's iShares Bitcoin Trust (IBIT) recorded significant liquidations totaling $122 million. According to reports, these moves ended a three-week streak of net capital inflows for the U.S. spot Bitcoin ETF market, as investors moved to lock in losses following a broader market downturn.
This liquidation occurred amid wider sector pressure, with peer data showing Fidelity's FBTC losing $64.95 million and Ark 21Shares' ARKB seeing withdrawals of $17.54 million. Per market data, the BlackRock fund accounted for nearly half of the total market-wide outflows of $265.37 million during a recent session, highlighting the concentrated pressure on the sector's largest institutional vehicle.
Regarding price action, the instrument 0QZZ.L stood at $1098.96 at the close of July 30, 2026, having traded between a low of $1066.07 and a high of $1110.00. Investors are now watching for signs of price stabilization near current levels, as the upcoming economic calendar shows no immediate major catalysts directly impacting crypto-asset liquidity in the next few days.