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BlackRock IBIT Outflows Hit $1.66B Over Seven Sessions
Headline from Bitcoinist
Key points
- United States spot Bitcoin exchange-traded funds experienced further asset losses on Monday, shedding $201 million.
- BlackRock's iShares Bitcoin Trust (IBIT) led the decline, recording its seventh consecutive session of net withdrawals.
- These ongoing redemptions have brought total seven-day outflows for IBIT to $1.66 billion, while overall year-to-date flows for these products have now turned negative.
Summarized automatically by Kryptokite from reporting by Bitcoinist. Read the original sources for full detail.
Coins mentioned
Sources
- BitcoinistBlackRock IBIT Outflows Hit $1.66B Over Seven Sessions · 1 hour agoRead on Bitcoinist
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