BlackRock’s IBIT Sees $2B in Outflows Over Nine Trading Days

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,…

BlackRock’s IBIT Sees $2B in Outflows Over Nine Trading Days

BlackRock’s IBIT has lost more than $2 billion over nine consecutive trading sessions, while broader US spot Bitcoin ETFs recorded nearly $1.44 billion in withdrawals over five days.

Bitcoin Price Below $74,000 as ETF Outflows Hit Five Days

The Bitcoin price was $73,444 at 11:39 GMT on Thursday, down 0.79% over 24 hours and 8.66% over the week, per TradingView. US spot exchange-traded funds have now recorded five consecutive sessions of net redemptions, the streak that began on 5 November and ran through Solana and XRP funds as well. Producer price data for October lands on Friday at 8:30 a.m. Eastern, according to the Bureau of Labor Statistics schedule. It follows an October cons…

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’s IBIT Loses $2 Billion in Nine Straight Sessions as Bitcoin Falls Toward $73,000

BlackRock’s IBIT lost over $2 billion in nine straight sessions of Bitcoin ETF outflows. See what drove the selloff and where Bitcoin trades near $73,000 now.