BlackRock's iconic fund hits new yearly low
Jun 25, 2026 4:42 PM
BlackRock’s iShares Bitcoin Trust has officially wiped out the gains of the "institutional era," crashing over 50% from its all-time high and losing 45% of its value in a single year. Despite a blockbuster start, the fund is now bleeding billions in outflows as investors flee a proxy that failed to provide any safety during the flash crash. Is the Bitcoin ETF dream dead, or is this the ultimate "buy the dip" opportunity? Do you still trust BlackRock with your crypto?
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