đš IBIT INVESTORS NOW UNDERWATER
According to asset manager Bob Elliott, the average dollar invested in BlackRockâs Bitcoin ETF (IBIT) has officially turned negative.$XRP
đ What happened:
âą Bitcoinâs sharp weekend sell-off pushed prices into the mid-$70,000s
âą That drop was enough to flip aggregate IBIT returns into the red
âą Many investors who bought during late-cycle inflows are now underwater$BNB
đ Why this matters:
IBIT was the flagship vehicle for institutional Bitcoin exposure. Seeing average returns go negative highlights how quickly sentiment â and positioning â has shifted during this drawdown.
â ïž 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.
