BlackRock ETF Clients Sell $403 Million in Bitcoin
Key Highlights BlackRock’s iShares Bitcoin Trust (IBIT) experienced $405.3 million in net outflows on November 2, driving the bulk of the $398.6 million total sector-wide redemptions. The massive withdrawal extended IBIT’s losing streak to five consecutive sessions, bringing total redemptions to over $1 billion during that timeframe. Fidelity’s Wise Origin Bitcoin Fund (FBTC) bucked the ...