Bitcoin ETF outflows: BlackRock’s IBIT sees $65.4 million withdrawals as other funds stay flat

BlackRock’s IBIT records $65.4 million in Bitcoin ETF outflows. (Bloomberg)

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows on October 12. This means the fund saw more money withdrawn than invested during the day. IBIT was the only US spot Bitcoin ETF to record net outflows on October 12. All other US spot Bitcoin ETFs recorded zero net flows, meaning they saw … Read more