Bitcoin ETF outflows: BlackRock’s IBIT sees $65.4 million withdrawals as other funds stay flat
BTC when published $83,668Now $80,595 ▼ −3.67% since it was published
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows on October 12. This means the fund saw more money withdrawn than invested during the day. IBIT was the only US spot Bitcoin ETF to record net outflows on October 12. All other US spot Bitcoin ETFs recorded zero net flows, meaning they saw no net change in money invested or withdrawn.Since IBIT was the only fund to record a net movement, the latest outflow was concentrated in BlackRock’s Bitcoin ETF.
First reported by Hindustan Times. This page is a short excerpt; the full text is theirs.
