Key Takeaways
BlackRock clients divested $127 million in Bitcoin on November 7.
This marks another major outflow from the asset manager's crypto holdings.
BlackRock clients pulled $127 million from th...

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<h3>Key Takeaways</h3>
<ul>
<li>BlackRock clients divested $127 million in Bitcoin on November 7.</li>
<li>This marks another major outflow from the asset manager's crypto holdings.</li>
</ul>
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<p>BlackRock clients pulled $127 million from the firm’s Bitcoin ETF on Friday, marking another sizable outflow from the asset manager’s cryptocurrency holdings.</p>
<adv/><p>BlackRock, a prominent asset manager, has experienced a series of Bitcoin outflows in recent periods, raising questions about shifting institutional sentiment toward crypto assets.</p>
<adv/><p>Investors are monitoring BlackRock’s asset transfers to exchanges as potential indicators of broader market adjustments. Other major asset managers have also reported client-driven Bitcoin sales, reflecting portfolio rebalancing in volatile conditions.</p>

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