BlackRock's Bitcoin ETF saw $333 million in outflows on Thursday
investors withdrew $333 million from the iShares Bitcoin Trust ETF (IBIT) under BlackRock on Thursday, which was the day with the largest net outflow of funds since the fund was launched. In addition, the fund has also experienced three consecutive days of net outflows, which is the longest duration of net outflows. As the largest spot Bitcoin fund, the iShares Bitcoin Trust ETF has over $53 billion in assets and nearly $37 billion in inflows. Since its launch in January last year, the iShares Bitcoin Trust ETF has been greatly welcomed by institutional investors, and this enthusiasm also pushed Bitcoin to its historical high of $108,315 in mid-December last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
