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

BTC

BTC/USDT

$84,212.01

-0.44%

$84,212.01

-0.44%

(24s)

24h Volume

$15,105,114,728.95

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

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Long: 58.1%Short: 41.9%

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Price$84,056.77

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Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(05:56 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

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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