Crypto · Brief
Bitcoin ETFs Lose Another $300 Million
BlackRock’s IBIT drove nearly 90% of Wednesday’s outflows from US spot bitcoin funds.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- US spot bitcoin ETFs lost $299.9 million on Wednesday.
- BlackRock’s IBIT accounted for nearly 90% of the outflows.
Spot bitcoin ETFs lost another $299.9 million, CoinDesk reported, with BlackRock’s IBIT driving nearly 90% of the day’s outflows.
Bitcoin slipped 0.7% as Nvidia fell on reports about its leadership.
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