BlackRock Inc is trading at $937.89 (-5.70%) in after-hours trading following reports that its crypto ETFs shed $1.5 billion in weekly outflows.
- The iShares Bitcoin Trust (IBIT) saw the largest redemption, accounting for $1.34 billion of the total withdrawals.
- BlackRock’s Ethereum ETFs also experienced outflows, aligning with a broader backdrop of heightened cryptocurrency market volatility.