By Aliyu Pokima Key highlights: US spot Bitcoin ETFs recorded $430.3 million in net outflows, their largest daily withdrawal since June Fidelity’s FBTC led the outflows with $218 million, while BlackRock’s IBIT shed $161.7 million The heavy withdrawals came as Bitcoin slid toward $75,000 following the US Senate’s failure to advance the CLARITY Act US […]
Tag: IBIT
By Hassan Shittu Key highlights: Bitcoin ETFs saw $120.24M in outflows on Sept. 9, while ETH ETFs gained $34.75M and SOL ETFs $11.73M as BTC neared $77K Bitcoin ETFs hold $99.33B in net assets, but ~90% of the $21.9B in 30-day netflows hit in just the Aug. 17–21 window, and fresh daily inflows are key […]
By Wayne Jones BlackRock has facilitated more than $5 billion in Bitcoin-for-ETF-share swaps from private wallets into its IBIT fund, after cutting the minimum size for such in-kind transactions to $1 million in July. The shift gives investors a way to keep Bitcoin exposure while moving custody into a regulated ETF structure, with security concerns […]