The Daily: BlackRock's Bitcoin ETF registers record outflows, Robinhood seeks to 'unleash the true power of the crypto revolution' and more

BlackRock’s spot Bitcoin ETF IBIT witnessed record net outflows of $418.1 million on Wednesday as the crypto price plunge extended into a third day amid uncertainty surrounding President Trump’s tariff plans.Robinhood CEO Vlad Tenev sees tokenization as a means to “unleash the true power of the crypto revolution” by enabling real-world assets, such as equities and private investments, to be brought onto blockchain technology, pending regulatory approval.