BlackRock’s IBIT only outflow marked local Bitcoin bottom indicating key signal

James Van Straten

Quick Take Data from Farside indicates that Bitcoin (BTC) exchange-traded funds (ETFs) experienced a significant $174.5 million outflow on June 24, marking the ninth outflow in the last ten trading days. Among the 11 spot ETFs monitored, seven reported net outflows. Grayscale’s GBTC led the decline with a $90.4 million withdrawal, elevating its total outflow […]

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BlackRock’s IBIT only outflow marked local Bitcoin bottom indicating key signal