✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #11
Bitcoin ETFs See $65 Million Outflows as BlackRock Loses Cash
Original: Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash
US spot Bitcoin exchange-traded funds recorded net outflows of $65 million, with BlackRock's IBIT among the funds losing money. The figure suggests investors pulled back from crypto ETF exposure in the latest trading session. Market watchers are treating the outflows as a signal of cooling institutional appetite for Bitcoin after a period of sustained inflows into the products.
Why now: Investors are tracking ETF flows as a barometer of institutional sentiment toward Bitcoin.
Evidence
- Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash · Yahoo Finance
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