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BlackRock's Bitcoin ETF saw $333 million in outflows on Thursday

BlackRock's Bitcoin ETF saw $333 million in outflows on Thursday

CointimeCointime2025/01/03 11:11
By:Cointime

investors withdrew $333 million from the iShares Bitcoin Trust ETF (IBIT) under BlackRock on Thursday, which was the day with the largest net outflow of funds since the fund was launched. In addition, the fund has also experienced three consecutive days of net outflows, which is the longest duration of net outflows. As the largest spot Bitcoin fund, the iShares Bitcoin Trust ETF has over $53 billion in assets and nearly $37 billion in inflows. Since its launch in January last year, the iShares Bitcoin Trust ETF has been greatly welcomed by institutional investors, and this enthusiasm also pushed Bitcoin to its historical high of $108,315 in mid-December last year.

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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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