Bitcoin IBIT News: Faces Record Outflow Run as BTC Struggles to Reclaim Bull Trend
BlackRock’s flagship Bitcoin ETF is seeing its heaviest redemption cycle since launch, with more than $2.7 billion pulled over the past five weeks as institutional flows continue to unwind into year-end. The iShares Bitcoin Trust (IBIT), which ballooned into a $71 billion vehicle during Bitcoin’s run to record highs, has now logged five straight weeks...
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