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Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow

U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, los...

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Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow
U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from Sosovalue reveals that the […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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