Bitcoin ETF Outflows Accelerate as IBIT Records Withdrawals
Bitcoin ETFs recorded a fifth consecutive day of significant outflows. BlackRock’s IBIT experienced its largest redemptions since launch. Bitcoin faces further downside risk as selling pressure mounts. Exchange-traded Bitcoin funds posted another day of notable withdrawals on November 18, marking the fifth straight session of outflows. The ETFs registered a total net outflow of $372.8 … Read more