$BTC : One BlackRock fund dominates Bitcoin’s billion-dollar ETF exodus
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IBIT accounted for 94% of US spot Bitcoin ETFs' net withdrawals during the completed November 2-6 trading week.
• The 12 funds tracked by Farside Investors recorded weekly net outflows of $1,282 million.
• IBIT recorded net outflows of $1,210 million.
• Fidelity's Wise Origin Bitcoin Fund (FBTC) moved in the opposite direction, recording weekly net inflows of $93 million.
• IBIT's share was 94.4% of the aggregate net withdrawal, after positive flows elsewhere offset part of the withdrawals.
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© CryptoSlate
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IBIT accounted for 94% of US spot Bitcoin ETFs' net withdrawals during the completed November 2-6 trading week.
• The 12 funds tracked by Farside Investors recorded weekly net outflows of $1,282 million.
• IBIT recorded net outflows of $1,210 million.
• Fidelity's Wise Origin Bitcoin Fund (FBTC) moved in the opposite direction, recording weekly net inflows of $93 million.
• IBIT's share was 94.4% of the aggregate net withdrawal, after positive flows elsewhere offset part of the withdrawals.
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© CryptoSlate
