An X post by Unlimited Funds CIO Bob Elliot said IBIT investors took losses after Bitcoin’s recent crash. Data shows that BlackRock’s IBIT ETF saw more than $900 million in outflows since Jan. 27, 2026 (Ed. note: this figure covers the period beginning Jan. 27, 2026).
BlackRock’s move into crypto provided major validation for the market. The recent losses may nonetheless worry some of its ETF holders.
There is a chance BlackRock will buy more Bitcoin while prices are lower. Larry Fink wrote that “the US dollar could be usurped by digital currencies like BTC.”
Some observers say Bitcoin could recover over coming weeks. The latest dip followed President Trump naming Kevin Warsh as the new Federal Reserve Chair, which raised concerns about policy toward crypto.
Grayscale and Bernstein say Bitcoin is following a five-year trajectory rather than a four-year cycle. They contend BTC will reach a new all-time high in 2026, five years after its 2021 peak.
