Bitcoin Spot ETF Experiences $435.3 Million Outflow Despite BlackRock IBIT’s $267.8 Million Inflow

On November 26th, COINOTAG News reported significant movements in the Bitcoin spot ETF market, as reflected in the latest data from Farside Investors. The overall market experienced a notable net outflow of $435.3 million. Specifically, the BlackRock IBIT ETF demonstrated resilience with a net inflow of $267.8 million, showcasing investors’ confidence in its performance. In contrast, the BITB ETF faced a challenging day with a net outflow of $280.7 million, indicating potential market concerns. Additionally, the Grayscale Bitcoin Trust (GBTC) also reported losses, experiencing a net outflow of $158.2 million. These figures underscore the dynamic nature of the cryptocurrency investment landscape and the varying investor sentiment towards different financial products within the sector.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.