CryptocurrencyBlackRockUpdated 2 days ago

BlackRock's Bitcoin ETF Faces Record Outflows Amid Investor Caution

BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has experienced unprecedented outflows, totaling over $2.47 billion in November alone. This trend, marked by significant withdrawals and a record one-day outflow of $523 million, reflects growing investor caution amid market volatility and a declining Bitcoin price. The ETF's struggles highlight broader challenges in the cryptocurrency market as confidence wanes.

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CryptocurrencyBlackRock

Updated 2 days ago

BlackRock's Bitcoin ETF Faces Record Outflows Amid Investor Caution

Cointelegraph2 days ago

BlackRock Bitcoin ETF sheds $2.47B in November as outflows hit record $3.79B

NegativeCryptocurrency

BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), experienced significant outflows in November, shedding $2.47 billion. This amount represents 63% of the total $3.79 billion withdrawn from US spot Bitcoin ETFs during the month, indicating a growing caution among investors.

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via Cointelegraph

Crypto News2 days ago

BlackRock and Grayscale lead major ETF withdrawals topping $900m

NegativeCryptocurrency

U.S. Bitcoin spot exchange-traded funds (ETFs) experienced a significant net outflow of $903 million on November 20, marking the second-largest outflow since their inception in January 2024. This decline is largely attributed to major withdrawals from BlackRock and Grayscale, reflecting growing investor caution amid market volatility.

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via Crypto News

Crypto Briefing2 days ago

BlackRock’s IBIT sells $355M in Bitcoin

NegativeCryptocurrency

BlackRock's IBIT has sold $355 million in Bitcoin, indicating significant outflows from major ETFs. This trend may reflect investor caution and could impact market stability and future cryptocurrency investments.

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via Crypto Briefing

NewsBTC3 days ago

BlackRock’s Bitcoin ETF Bleeds Over $500 Million In Its Biggest One-Day Outflow

NegativeCryptocurrency

BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has faced its largest one-day outflow, totaling over $500 million. This significant withdrawal reflects growing investor caution amid fears of a potential bear market, as Bitcoin's price has dropped below the critical $100,000 threshold following a record high in October. The current selloff highlights the broader challenges facing the cryptocurrency market.

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via NewsBTC

Crypto News3 days ago

Bitcoin ETFs bleed cash as Abu Dhabi doubles down

NegativeCryptocurrency

BlackRock's iShares Bitcoin Trust (IBIT) experienced a significant net outflow of $523 million on Tuesday, marking its largest single-day withdrawal since inception. This development reflects a growing caution among investors in the cryptocurrency market amid ongoing volatility.

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via Crypto News

CoinDesk4 days ago

BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

NegativeCryptocurrency

BlackRock's Bitcoin ETF, IBIT, has recorded a significant one-day outflow of $523.2 million, reflecting a negative sentiment in the cryptocurrency market. This outflow indicates a cautious approach from investors amid ongoing market volatility. The decline in investor confidence is evident as the ETF faces challenges in maintaining its value.

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via CoinDesk

CoinDesk5 days ago

Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars

NegativeCryptocurrency

BlackRock's Bitcoin ETF has experienced a record outflow of $1.26 billion, coinciding with a significant drop in the price of its associated token, IBIT, which has fallen 16% to $52. This decline marks the lowest price level for IBIT since April. The surge in bearish options costs further indicates a negative sentiment surrounding the cryptocurrency market, reflecting growing investor caution amid fluctuating market conditions.

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via CoinDesk