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BlackRock Bitcoin ETF outflows hit $2B over nine sessions

Headline from Cointelegraph

Image: Cointelegraph

Key points

  • Outflows from spot Bitcoin exchange-traded funds in the United States accelerated significantly on Wednesday, rising to almost $300 million.
  • This marked a notable increase from the $95 million in net redemptions recorded just one day prior.
  • Over a five-session stretch, total investor withdrawals from these products reached $1.44 billion amid ongoing institutional selling pressure.

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

Coins mentioned

Sources

  • CointelegraphBlackRock Bitcoin ETF outflows hit $2B over nine sessions · 6 hours 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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