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CryptoQuant CEO: BlackRock IBIT's net weekly flow turns negative for the first time in three months

CryptoQuant CEO: BlackRock IBIT's net weekly flow turns negative for the first time in three months

Bitget2024/12/31 13:53
BTC-0.18%

CryptoQuant founder and CEO Ki Young Ju posted on platform X, stating that BlackRock's IBIT has seen its first negative net flow in a single week for the first time in three months. This suggests that the continuous buying of Bitcoin spot ETFs seems to have paused.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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