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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETFs Turn Negative as IBIT Posts Near-Record Losses
BTC
BTC/USDT
$84,209.48
-0.27%
$84,209.48
-0.27%
(24s)24h Volume
$15,155,400,566.40
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.1%
Long: 58.1%Short: 41.9%
Funding Rate
+0.0002%
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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