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BlackRock just sold over $90 million of these cryptocurrencies
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BlackRock just sold over $90 million of these cryptocurrencies
BlackRock’s spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded more than $90 million in combined net outflows over the last five trading sessions, adding to signs of weakening institutional demand for cryptocurrencies. In this vein, investors withdrew a net $91.4 million from the asset manager’s crypto ETF lineup between August 10 and August 14, with Bitcoin accounting for the vast majority of the redemptions. BlackRock’…
·London, United Kingdom
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