Blackrock’s IBIT sold 5,002 Bitcoin marking the highest outflow for the ETF in a single day. The Fund remains the largest Bitcoin exchange-traded fund with net assets worth more than $48 billion.
Investing in Bitcoin is similar to stock trading, with funds exchanged for digital coins on platforms like Coinbase. Bitcoin offers a transparent yet secure transaction record protected by ...
Eventually, the bullish news will move here and Larry Fink will be shouting the Ether ETF (ETHA) from the rooftops just like he did with his Bitcoin product (IBIT). Remember, with the Bybit hack ...
The FBTC, IBIT, and ARKB ETFs have been in a consolidation phase in the past few months. These funds may finally wake up this week as Bitcoin price is nearing a key level. Potential catalysts are ...
US consumer sentiment also dived, while inflation expectations surged. Excluding iShares Bitcoin Trust (IBIT) the US BTC-spot ETF market reported total net outflows of $84.5 million, extending the ...
BlackRock (NYSE:BLK)’s IBIT has emerged as the dominant player in the U.S. spot Bitcoin ETF market, commanding over 75% of the market share by trading volume as of February 20. Initially, Grayscale’s ...