- Benzinga Future Finance
- Posts
- 🙃Why Bitcoin Has Become So Boring
🙃Why Bitcoin Has Become So Boring
Plus, BlackRock's IBIT is seeing record ETF outflows all of a sudden.
Ivan
May 28, 2026
Happy Thursday!
Bitcoin has hit a 9-month low. But not in terms of price — in terms of volatility. That’s the reason why crypto feels so boring when other assets are bubbling.
BlackRock’s IBIT Bitcoin ETF was doing great but has hit a roadblock in recent weeks. Here’s why IBIT is suddenly seeing record outflows.
Plus, Benzinga’s Whisper Index tracks what millions of investors are quietly buzzing about before headlines hit. Last week it flagged an AI name that surged 126%. This Friday, five new picks drop — including the one stock heating up right now.
TOP STORY
Bitcoin is in its quietest stretch in months — 9-month volatility just hit a yearly low even as ETF outflows topped $1 billion last week, the S&P 500 logged eight straight weeks of gains, and macro uncertainty keeps every other market on edge.
Bitwise's Jeff Park says the silence isn't apathy: institutions aren't chasing upside but they aren't aggressively dumping either, sellers may already be exhausted, and the low-volume compression setup that's forming often precedes a larger move in either direction.
The "sell in May and go away" seasonal pattern is getting blamed for the ETF bleed, but the real question is what breaks the stalemate…
SPECIAL OFFER
Our Whisper Index tracks what millions of investors are quietly buzzing about before headlines hit. Last week it flagged an AI name that surged 126%. This Friday, five new picks drop — including the one stock heating up right now.
QUICK N DIRTY
Bitcoin, Ethereum, XRP are suffering again as markets chase the ever-elusive Iran peace deal: here’s what else is moving markets today.
Donald Trump said he would ‘never let crypto down’ in his first crypto-related comment this year. Here’s why the President suddenly decided to weigh in.
Elizabeth Warren is not so thrilled about Trump’s crypto moves and has slammed the CFTC’s new approach. Here’s what she says about ‘gutting’ the institution.
FINTECH FOCUS
BlackRock's just posted its second-largest single-day outflow ever — $527.84 million — missing the all-time record by less than $500,000, as U.S. airstrikes near the Strait of Hormuz sent institutions for the exit.
The full 11-ETF complex saw a $733 million single-day loss with Fidelity's FBTC shedding $60 million and Grayscale's GBTC losing $104 million.
The day before, a single investor quietly unloaded $1.29 billion of IBIT in a dark-pool block trade — the kind of move that doesn't alert the market until the damage is already done.
Bitcoin has now slid from above $82,000 on May 6 to under $73,000, the complex has bled over $2 billion in two weeks, and the November 2025 death cross remains intact…
BEFORE YOU GO
Were you forwarded this email? Click here to subscribe.
And be sure to check out our other newsletters:
Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.
Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.
Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.
