🚨 BlackRock Leads a Massive Bitcoin ETF Sell-Off!
Bitcoin ETFs faced another brutal session on November 11, with nearly $300 million flowing out of US spot Bitcoin funds.
Here's the breakdown:
🔴 BlackRock ($IBIT): $269.7 million in net outflows.
🔴 Grayscale ($GBTC): $39.13 million in outflows.
🟢 Morgan Stanley ($MSBT): $8.96 million in net inflows, making it the only fund to record positive flows.
Overall, US spot Bitcoin ETFs recorded approximately $299.9 million in net outflows.
BlackRock accounted for the largest share of the selling pressure, highlighting how institutional ETF demand can shift during periods of market uncertainty.
Institutional money is moving, and all eyes are on whether Bitcoin ETF inflows return in the coming sessions. 👀
#Bitcoin #BTC #BlackRock #Crypto
$BTC
Bitcoin ETFs faced another brutal session on November 11, with nearly $300 million flowing out of US spot Bitcoin funds.
Here's the breakdown:
🔴 BlackRock ($IBIT): $269.7 million in net outflows.
🔴 Grayscale ($GBTC): $39.13 million in outflows.
🟢 Morgan Stanley ($MSBT): $8.96 million in net inflows, making it the only fund to record positive flows.
Overall, US spot Bitcoin ETFs recorded approximately $299.9 million in net outflows.
BlackRock accounted for the largest share of the selling pressure, highlighting how institutional ETF demand can shift during periods of market uncertainty.
Institutional money is moving, and all eyes are on whether Bitcoin ETF inflows return in the coming sessions. 👀
#Bitcoin #BTC #BlackRock #Crypto
$BTC
