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BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions

Headline from Cointelegraph

Image: Cointelegraph

Key points

  • United States spot Bitcoin exchange-traded funds experienced combined net outflows of $201 million on Monday.
  • The sustained selling pressure is highlighted by BlackRock's IBIT ETF, which recorded seven consecutive trading sessions of net capital withdrawals.
  • During this seven-day period, total net outflows from the BlackRock investment product reached $1.66 billion.

Summarized automatically by Kryptokite from reporting by Cointelegraph. Read the original sources for full detail.

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Sources

  • CointelegraphBlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions · 1 hour agoRead on Cointelegraph

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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