BlackRock’s IBIT Sees $300M Outflow: Bitcoin Demand Dwindles Amid Surging AI Stocks
The cryptocurrency market closed out a challenging quarter, marked by significant outflows from major Bitcoin ETFs and a broader downturn across leading digital assets. BlackRock’s IBIT, a prominent spot Bitcoin ETF, alone shed $300 million, contributing to a net $231 million loss for U.S. spot Bitcoin ETFs on Monday. This decline contrasts sharply with a … Read more

