The first trading day of the year saw notable outflows from spot Bitcoin and Ethereum exchange-traded funds (ETFs), totaling over $310 million. On Jan. 2, data from SoSoValue revealed that Bitcoin-focused ETFs experienced $242.3 million in outflows. BlackRock’s iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF, recorded its highest outflow since its inception, losing $332 […]
The post Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rally appeared first on CryptoSlate.
Originally appeared here:
Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rally