In a surprising turn of events, BlackRock’s spot Bitcoin ETF, labeled as IBIT, has undergone its most substantial single-day cash withdrawal, hitting $523.2 million. This significant outflow counterintuitively coincided with a modest price increase of over 1% in Bitcoin’s value.
Continue Reading:Unexpected Trends Shake Up Bitcoin ETF Market
Source: https://en.bitcoinhaber.net/unexpected-trends-shake-up-bitcoin-etf-market