Bitcoin ETFs Lose $2.35 Billion as BlackRock Outflows Reach 11 Sessions

US spot Bitcoin ETFs shed $2.35 billion over two weeks. BlackRock’s IBIT has now posted net outflows for 11 straight sessions. Friday alone added $185.4 million in withdrawals, including $143.5 million from IBIT and $41.9 million from Fidelity’s FBTC. Farside Investors data shows $1.07 billion left the funds between Nov. 9 and Nov. 13. The week before, $1.28 billion left, the largest weekly outflow since late June. Friday was the seventh straight session of net withdrawals, with about $1.71 billion redeemed since Nov. 5. IBIT’s streak began on Oct. 30 and has cost the fund about $2.35 billion.
You are reading an excerpt. BTC Peers wrote and owns the full article.
Continue reading at btcpeers.com











