[BlackRock's Bitcoin ETF Sees Approximately $60 Million Net Redemption This Week, While $20 Million in ETH Was Net Purchased During the Same Period] According to Arkham, BlackRock's spot Bitcoin ETF, IBIT, experienced approximately $60 million in net redemptions this week, while its clients net purchased over $20 million in ETH during the same period. Arkham noted that the fund flows indicate some institutional investors are reducing their Bitcoin exposure while increasing their allocation to Ethereum. However, the scale of these changes remains relatively minor compared to IBIT's total assets under management.