BlackRock IBIT Outflows Hit $1.66B Over Seven Sessions
BlackRock IBIT outflows recorded its seventh straight day of outflows totaling $1.66 billion. US spot Bitcoin ETFs lost $201 million Monday as year-to-date flows turn negative. US spot Bitcoin exchange-traded funds continued to lose assets on Monday, with BlackRock’s iShares Bitcoin Trust (IBIT) posting its seventh consecutive session of net withdrawals. The largest US Bitcoin […]
Key Takeaways
- BlackRock IBIT outflows recorded its seventh straight day of outflows totaling $1.66 billion.
- US spot Bitcoin ETFs lost $201 million Monday as year-to-date flows turn negative.
- US spot Bitcoin exchange-traded funds continued to lose assets on Monday, with BlackRock’s iShares Bitcoin Trust (IBIT) posting its seventh consecutive session of net withdrawals.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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