Reported 3 days ago
BlackRock's iShares Bitcoin Trust ETF faced a significant outflow of $333 million, the largest since its inception. This marks the third consecutive day of withdrawals, coinciding with a broader trend of diminished inflows across Bitcoin ETFs in the US, totaling around $2 billion since mid-December. As Bitcoin prices stabilize below their record highs, experts suggest institutions may be reducing risk ahead of year-end financial adjustments.
Source: YAHOO