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Why a $3 trillion market shock could force funds to sell Bitcoin first

Blue Owl Capital's OBDC II fund permanently halted redemptions in February. The firm replaced quarterly tenders with return-of-capital distributions funded by loan repayments and asset sales, committing to return roughly 30% of net asset value within 45 days. Blue Owl also announced plans to sell $1.4 billion of assets across three credit funds to generate […] The post Why a $3 trillion market shock could force funds to sell Bitcoin first appeared first on CryptoSlate.

Why a $3 trillion market shock could force funds to sell Bitcoin first