BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions
US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.
High signal
Fresh in the current trading session. The story has cross-source confirmation.
US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.
Why this matters
BlackRock is showing up inside the Bitcoin ETF theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphSame story, other sources
Cross-source coverage
2 sources
BlackRock ETF clients sell $403M worth of Bitcoin
The significant outflow from BlackRock's Bitcoin ETF could increase market supply, potentially...
Related market context
US spot Bitcoin ETFs see $696M in outflows, largest since January
The significant outflows from US spot Bitcoin ETFs highlight investor caution amid market volatility, potentially impacting future...
Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets
Bitcoin Magazine Bitcoin Price Trades Down Near $73,500 After Hot CPI Print Lifts Fed Hike Bets Bitcoin price traded near $73,500...
Blockchain.com Adds Trading API for Institutional Crypto Execution
TL;DR: Blockchain.com has introduced a trading API intended to give institutions automated access to its principal liquidity acros...
eToro’s Q3 profit plunges 74% to $15 million as crypto trading cools
eToro's reliance on crypto trading highlights the risks of market concentration, urging diversification to stabilize future earnin...
Mercado Bitcoin Starts Phased Reopening After $49M Hack, Withdrawals Stay Frozen
Key Takeaways: In light of the Nov. 2 security breach and hack, Mercado Bitcoin has launched an ongoing process of restoring acces...
EDX Markets Adds Bitcoin-Backed CBTC Trading for Canton Institutions
TL;DR: EDX Markets says it has partnered with BitSafe to introduce spot trading in CBTC, a Bitcoin-backed asset built for the Cant...