BlackRock IBIT Registers Net Outflows Despite Bitcoin’s Price Rebound
BlackRock’s spot Bitcoin ETF, IBIT, has experienced a notable shift, recording net outflows this week, suggesting sustained profit-taking by large investors even as Bitcoin (BTC) attempts a short-term price recovery. Key Flow Details: IBIT Outflows: IBIT saw a net outflow of over $66 million across November 24th (shedding $149.1 million) and November 25th (gaining a … Read more