🚨 IBIT INVESTORS NOW UNDERWATER
According to asset manager Bob Elliott, the average dollar invested in BlackRock’s Bitcoin ETF (IBIT) has officially turned negative.$XRP
📉 What happened:
• Bitcoin’s sharp weekend sell-off pushed prices into the mid-$70,000s
• That drop was enough to flip aggregate IBIT returns into the red
• Many investors who bought during late-cycle inflows are now underwater$BNB
🔍 Why this matters:
IBIT was the flagship vehicle for institutional Bitcoin exposure. Seeing average returns go negative highlights how quickly sentiment — and positioning — has shifted during this drawdown.
⚠️ With volatility rising, leverage flushed, and liquidity thinning, ETF flows could become a key pressure point for BTC in the short term.$BTC
Markets are now watching whether IBIT sees panic selling… or dip buyers stepping in.
