BLOOMBERG.COM
Outflow

BlackRock's Bitcoin ETF posts highest outflow ever recorded

SUMMARY

The iShares Bitcoin Trust ETF (IBIT) grew to $53 billion in 2024 but faced significant challenges recently. On Thursday, it experienced the highest daily net outflow of $333 million since its inception. This marks a third consecutive day of outflows, making it the longest losing streak for the fund. Investors appear to be pulling back amidst market fluctuations.


▶︎ Click here for more breaking news