BlackRock’s IBIT Sees $144M in Net Outflows as Bitcoin ETFs Drop
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The bitcoin index funds of BlackRock, Fidelity and Co. record high net outflows. Will the Spot ETFs now become an obstacle for the crypto-Bullrun? Source: BTC-ECHO BTC-ECHO
BlackRock’s IBIT sees $144M in net outflows as bitcoin ETFs drop
Rising Treasury yields are prompting a shift away from risk assets like bitcoin ETFs, impacting market dynamics and investor strategies. The post BlackRock’s IBIT sees $144M in net outflows as bitcoin ETFs drop appeared first on Crypto Briefing .
Bitcoin ETFs See $288.7M Outflow as Senate Stalls Bill
U.S. spot Bitcoin ETFs recorded $288.7 million in net outflows on September 15, according to Farside Investors, reversing the previous session’s $159.9 million inflow. Fidelity’s FBTC led withdrawals with $214.8 million, while BITB, ARKB and GBTC also posted redemptions, making the session the largest net outflow since July 13, when the group lost $424.7 million. ...
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