BlackRock Bitcoin ETF Experiences $1.66 Billion in Outflows
BlackRock's spot Bitcoin ETF recorded seven consecutive sessions of net withdrawals totaling $1.66 billion amid broader market outflows.
United States spot Bitcoin exchange-traded funds experienced a net outflow of $201 million on Monday. This downturn included seven consecutive trading sessions of withdrawals from BlackRock's IBIT fund, which reached a cumulative total of $1.66 billion during this period.
Original report: Cointelegraph ↗
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