🚨 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.

#pepepumping #DataFi #nft

BTC
BTC
70,000.01
-0.98%
BNB
BNB
637.62
-0.54%
XRP
XRP
1.4488
+0.49%