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Market Chatter: BlackRock's Bitcoin ETF Sees Record $333 Million Net Outflow Thursday
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Blackrock's Bitcoin ETF has experienced the largest outflow since its launch.
Blackrock's iShares Bitcoin Trust ETF (IBIT) saw a net outflow of $0.333 billion on Thursday, setting a record since the fund's launch. Data shows that the fund has also experienced outflows for three consecutive days, marking the longest outflow period. The IBIT, with assets exceeding $53 billion, is the largest spot Bitcoin fund, which received enthusiastic support from institutional investors since its launch in January, helping to drive the largest cryptocurrency to a historic high of $108,315 in mid-December. Blackrock did not respond immediately to requests for comments. As of 8:26 AM London time on Friday, Bitcoin
