Bitcoin ETFs on three-day outflow streak as BTC briefly dips below $90k

Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of outflows this year, as Bitcoin fell below $90,000 amid a broader market risk-off sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $284.19 million in net outflows on Jan. 13, extending their outflow streak to three days, during […]

BlackRock’s IBIT bleeds $332m in record daily outflow from the BTC ETF

BlackRock’s iShares Bitcoin Trust (IBIT) recorded its highest single-day outflow on Jan. 2, as the 12 Bitcoin exchange-traded funds collectively experienced $242.3 million in outflows when trading resumed in the U.S. According to data from SoSoValue, BlackRock’s spot BTC ETF recorded $332.62 million in outflows on Thursday marking its largest-ever outflow day since its launch […]