BlackRock’s Bitcoin ETF Sees Record Outflow Amid $1.5 Billion Four-Day Crypto Fund Exodus
BlackRock’s Bitcoin exchange-traded fund (ETF) has recorded its largest-ever single-day outflow, reflecting a broader trend of significant withdrawals from Bitcoin funds. The iShares Bitcoin Trust ETF (IBIT) saw outflows of $188.7 million on 24 December 2024, surpassing its previous high...