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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETFs Turn Negative as IBIT Posts Near-Record Losses
BTC
BTC/USDT
$79,757.01
+0.19%
$79,757.01
+0.19%
(24s)24h Volume
$6,094,586,649.85
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.3%
Funding Rate
+0.0009%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:22 PM UTC)
1 min read
BlackRock’s spot Bitcoin exchange-traded fund (ETF) posted its second-largest daily outflow on record as US Bitcoin funds extended an eight-day redemption streak during a sharp pullback in the cryptocurrency to below $75,000.
BlackRock’s iShares Bitcoin Trust (IBIT) saw $527.8 million in net outflows on Wednesday, helping push total withdrawals from US spot Bitcoin ETFs to $733.4 million for the…
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