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Bitcoin

Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for... BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows yesterday, accounting for the entire withdrawal from the US spot Bitcoin ETF. Every other fund recorded zero net flows, making the session a one-fund redemption.

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