Tag Archives: BlackRock IBIT

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

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Nearly two years after the inception of the Bitcoin ETF sector in the United States, these funds are currently grappling with significant challenges, exacerbated by mounting concerns regarding a potential bear market in the coming months.  This turmoil is exemplified by the BlackRock iShares Bitcoin Trust ETF (IBIT), which experienced its largest single-day withdrawal since… Continue reading BlackRock’s Bitcoin ETF Bleeds Over $500 Million In Its Biggest One-Day Outflow→

Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details

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The US Bitcoin spot ETFs logged over $2 billion in net inflows last week, marking a three-week streak of positive momentum. Despite a bearish start to June, with $128.81 million in net outflows during the first trading week, investor appetite soon quickly rebounded. This turnaround has resulted in a cumulative $4.63 billion in deposits over… Continue reading Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details→

BlackRock’s Bitcoin ETF Becomes Fastest Ever To Reach $70 Billion AUM

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BlackRock’s iShares Bitcoin Trust (IBIT) has made headlines by amassing a staggering $70 billion in total assets, achieving this milestone faster than any other exchange-traded fund (ETF) in history.  This remarkable feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times quicker… Continue reading BlackRock’s Bitcoin ETF Becomes Fastest Ever To Reach $70 Billion AUM→

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

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Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency. Bitcoin Institutional Investors Withdraw For The Fifth Straight… Continue reading Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak→