1 day ago
Bitcoin ETFs Lose $4.4B as Outflows Hit 13-Day Record Run
TLDR Bitcoin ETFs recorded $4.4 billion in total outflows over 13 consecutive trading days. Daily withdrawals reached $396.6 million, extending the longest outflow streak on record. ETF holdings dropped by over 51,700 BTC, valued at nearly $5 billion. BlackRock’s IBIT led redemptions with about $3.3 billion in outflows. Fidelity and Grayscale also posted withdrawals of [...]
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