BlackRock’s Bitcoin ETF Experiences Massive Outflows
BlackRock is selling BTC, not buying. Investors withdrew over $583 million from Bitcoin ETFs, representing the second-largest outflow recorded to date. Speculation has arisen that BlackRock may be reducing its Bitcoin holdings in response to the recent market downturn. BlackRock’s Bitcoin ETF witnessed a significant outflow of funds, with investors rapidly pulling assets out. As … Read more