Live updates: BlackRock's IBIT drives $236 million bitcoin ETF outflow
etf
BlackRock’s iShares Bitcoin Trust (IBIT) saw redemptions that drove a $236 million net outflow from spot bitcoin ETFs. The withdrawal created near-term selling pressure and contributed to downward price movement and increased volatility in bitcoin. This episode underscores that ETF flows—and large moves by major providers—remain a key short-term liquidity and price driver for Bitcoin.
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