BlackRock’s IBIT ETF Faces $300M Outflow as Bitcoin Demand Slumps Amid AI-Driven Market Shift
BlackRock’s flagship Bitcoin ETF, IBIT, experienced a significant $300 million outflow on Monday, according to recent market data, marking one of the largest single-day withdrawals for the product since its inception. This outflow reflects a broader cooling in institutional appetite for spot Bitcoin ETFs, even as other asset classes — particularly technology stocks — continue … Read more