BlackRock’s Bitcoin ETF Faces $65.40M Outflow, Raising

Bitcoin and Ethereum ETF Outflows Surge to $151M With Uptober Rally Under Pressure

TL;DR ETF Outflows: Bitcoin and Ethereum ETFs recorded combined net outflows of $150.8 million on Oct. 12. BTC funds lost $65.4 million, while Ethereum products saw $85.4 million leave the sector. IBIT Concentration: BlackRock’s IBIT accounted for the full $65.4 million in withdrawals from BTC ETFs. All other funds, including FBTC and GBTC, reported no net inflows or outflows during the session. Ethereum Weakness: Ethereum ETFs faced stronger s…

Bitcoin Falls 7% as ETF Outflows Add to Pressure Before CPI

Bitcoin briefly fell near $81,000 before rebounding toward $83,000, while major altcoins posted steeper weekly losses and spot Bitcoin ETFs saw $65.4 million in outflows.

BlackRock's Bitcoin ETF Faces $65.40M Outflow, Raising

Bitcoin news highlights a $65.40M outflow from spot ETFs, signaling wavering institutional interest. Here's why it matters.

BlackRock’s Bitcoin ETF Faces $65.40M Outflow, Raising

Bitcoin spot ETFs logged a notable outflow of $65.40 million on October 12, primarily driven by BlackRock’s IBIT fund. This substantial exit raises questions about the current confidence of institutional investors in Bitcoin. As reported by crypto commentator @WuBlockchain, the trend could signal a...