BlackRock’s IBIT Sees $188 Million Outflow as Bitcoin ETFs Surpass Gold in AUM
BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw its largest single-day outflow on December 24, with $188.7 million withdrawn, according to CoinGlass data.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw its largest single-day outflow on December 24, with $188.7 million withdrawn, according to CoinGlass data. This exceeded the previous record of $72.7 million in outflows on December 20.
Fidelity, ARK Bitcoin ETFs Face Outflows
On the same day, US-based spot Bitcoin ETFs collectively recorded outflows totalling $338.4 million. Since December 19, these funds have experienced net outflows of $1.52 billion.
The Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF also posted significant outflows of $83.2 million and $75 million, respectively. In contrast, the Bitwise Bitcoin ETF was the sole fund to see inflows, amounting to $8.5 million.
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