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    Home » Significant Outflows from Bitcoin ETFs Amidst Robust Performance of BlackRock Fund
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    Significant Outflows from Bitcoin ETFs Amidst Robust Performance of BlackRock Fund

    By adminMar. 14, 2025No Comments1 Min Read
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    Significant Outflows from Bitcoin ETFs Amidst Robust Performance of BlackRock Fund
    Significant Outflows from Bitcoin ETFs Amidst Robust Performance of BlackRock Fund
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    Bitcoin ETFs See Significant Outflows

    Bitcoin ETFs saw significant outflows on Thursday, totaling $143.3 million, based on data from Farside Investors.

    The only bright spot among the various funds was BlackRock’s iShares Bitcoin Trust ETF (IBIT), which attracted $45.75 million in inflows. However, this inflow couldn’t offset the larger losses from other Bitcoin ETFs. Fidelity’s Fidelity Wise Origin Bitcoin Fund (FBTC) faced the largest withdrawals, with over $75 million leaving the fund.

    Additionally, the ARK 21Shares Bitcoin ETF (ARKB) saw substantial outflows, losing more than $60 million.

    Bitcoin’s price stood at $82,511 after experiencing a 7% drop over the past week. The overall market mood is also being influenced by broader economic factors, as the S&P 500 entered technical correction territory amidst ongoing global trade issues. The Nasdaq-100 index also dropped nearly 2% on Thursday, further weighing down Bitcoin’s performance.

    READ MORE:

    Bitcoin Could Reach Trillions in Market Cap, According to Strike CEO

    Alexander Stefanov

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