BlackRock’s IBIT Sees $2B in Outflows Over Nine Trading Days
The fund’s withdrawals made up about 90% of Wednesday’s $300 million in U.S. spot Bitcoin ETF outflows, Farside Investors said.
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BlackRock leads $300 million Bitcoin ETF outflows as BTC struggles near $73K
U.S. spot Bitcoin exchange-traded funds have recorded $299.9 million in net outflows on November 11, with BlackRock accounting for most of the withdrawals as investors pulled money from the products for a fifth consecutive trading session. According to SoSoValue data,…
Bitcoin ETF Outflows Hit $1.44B as BlackRock's IBIT Faces Heavy Selling
The post Bitcoin ETF Outflows Hit $1.44B as BlackRock’s IBIT Faces Heavy Selling appeared first on Coinpedia Fintech News Bitcoin ETF outflows are raising fresh concerns about institutional demand, even as fear spreads across crypto markets. U.S. spot funds have recorded five consecutive days of withdrawals, losing approximately $1.44 billion. BlackRock’s IBIT is carrying most of the selling pressure. Yet some investors are still buying, complic…
BlackRock has now recorded nine consecutive days of capital outflows from its IBIT fund. Another Bitcoin ETF is performing much better. Is this the new leader?
BlackRock Spot Bitcoin ETF Sees $2B Outflows in Nine Sessions
BlackRock’s iShares Bitcoin Trust (IBIT) has become a key drag on US spot Bitcoin ETF flows, with the fund logging more than $2 billion in net outflows across nine straight trading sessions through Wednesday. The latest day’s activity highlights how quickly investor sentiment can shift inside the ETF complex—outflows continued even as broader equities tried [...]
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