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IBIT news: BlackRock bitcoin ETF sheds $528 million, the second-largest daily outflow on record

BTC

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+0.73%

$64,515.40

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(24s)

24h Volume

$4,222,134,967.92

24h H/L

$64,599.95 / $64,043.00

Change: $556.95 (0.87%)

Long/Short

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Long: 65.1%Short: 34.9%

Funding Rate

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Longs pay

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Daily

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▲ 0.23%

Volume (24h): -

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Resistance 2$66,379.48

Resistance 1$64,630.19

Price$64,524.98

Support 1$64,050.00

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Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

CoinDesk Staff

(05:56 AM UTC)

1 min read

Reviewed bySarah Chen

1012 views

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IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

BlackRock's iShares Bitcoin Trust shed $527.84 million on Wednesday, the second-largest single-day net outflow since the fund launched in January 2024, per SoSoValue data.

The figure…

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CoinDesk Staff · CoinDesk

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