Blackrock’s IBIT is a good Bitcoin ETF

BlackRock's bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally
Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.
BlackRock’s Bitcoin ETF Posts Record Outflow After Banner Year
Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT) on Thursday, the most withdrawn from the record-breaking fund since its launch.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
BlackRock’s Bitcoin ETF Hit By Record $332 Million Net Outflow In A Single Day
BlackRock's IBIT Bitcoin ETF saw a record $332 million net outflow on Thursday, the largest since its launch a year ago.
BlackRock's Bitcoin ETF Posts Record Single-Day Outflows
Key Takeaways BlackRock's iShares Bitcoin Trust experienced a new record of $332.6 million for single-day outflows on Thursday.That brought IBIT outflows to nearly $393 million for the week.Other bitcoin ETFs saw minor inflows,
BlackRock Bitcoin ETF Sees Record-High Outflow Thanks to Profit Taking
BlackRock's iShares Bitcoin ETF saw its biggest 1-day outflow yesterday as shareholders took profits to the tune of $333 million.
Blackrock’s IBIT is a good Bitcoin ETF: Grayscale’s BTC is better
ETF has performed well since its inception in 2024, a trend that may continue due to the ongoing supply and demand dynamics in the crypto industry. It has added over $54 billion in assets and is one of the market’s most highly traded Bitcoin ETFs,
Bitcoin ETF observes record $332M in daily outflows, but BTC holds strong above $98K
Bitcoin (BTC-USD) investors closely watched a dramatic shift in the market on Thursday, as the world’s largest bitcoin-backed exchange-traded fund saw its biggest ever daily outflows, with more than $300M flowing out of the fund in a single day.
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Why The 60/40 Portfolio Needs Bitcoin In Today’s Market
BlackRock identifies this trend and suggests that investors need to look beyond government bonds for diversification. This is ...