BlackRock’s IBIT sees $144M in net outflows as bitcoin ETFs drop
price
BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $144 million in net outflows as spot Bitcoin ETFs broadly experienced declining demand. The withdrawals indicate weakening short-term institutional flows and reduced risk appetite toward Bitcoin investment products. Sustained outflows could add selling pressure and weigh on Bitcoin’s price, although a single session does not establish a longer-term trend.
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