Key highlights: US-based bitcoin spot ETFs have raked in $221 million worth of inflows in a single day Fidelity’s FBTC led the inflows while BlackRock’s IBIT recorded losses Bitcoin has surged above the $60,000 mark, buoyed by positive US macroeconomic data and capital flight from tech stocks Bitcoin spot ETFs have ended a 10-day losing […]
Tag: IBIT
Key highlights: Bitcoin ETFs have wrapped up a torrid month, marked by record-high outflows BlackRock’s IBIT was the hardest hit in June, losing $3.55 billion Falling inflows forced Citigroup to revise its BTC and ETH estimates downward US-based spot BlackRock’s IBIT bore the brunt of the losses, shedding a staggering $3.55 billion in June alone. […]
Key highlights: BlackRock offloads $96.66 million from its IBIT fund. Bitcoin fell below $63,000 as selling pressure worsened. Tom Lee sounded an alarm of a deeper bear market later this year. Tom Lee predicts a steeper bear market in H2 Speaking on CNBC, Bitmine and Fundstrat chairman Tom Lee said markets could still see an […]