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Huge Outflow on Blackrock’s IBIT Pulls Bitcoin ETFs Into Red Zone

Published by news.bitcoin.com on 7 hours ago

Huge Outflow on Blackrock’s IBIT Pulls Bitcoin ETFs Into Red Zone

Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds, dragged down by a large exit from Blackrock’s IBIT.

Meanwhile, ether ETFs celebrated a milestone 15th straight day of net inflows.

Bitcoin ETFs post second day of outflows as ether ETFs mark 3 weeks of growth.

Read Original Article

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