Discover the latest record outflow of $330 million from the Bitcoin BlackRock ETF. Despite the significant capital decrease, the ETF remains a key player in the US market.
The iShares Bitcoin Trust ETF set a new record on January 2nd, facing a $332.6 million outflow. This is the largest capital outflow in the past year since the fund started. The new record was set after the reopening of the US markets post New Year’s holidays, indicating a continued trend of capital outflow over the past three days. The previous record was on December 24th with $188.7 million. Despite this significant outflow, the Bitcoin BlackRock ETF still holds a significant position in the US market, with more innovations in digital currency ETFs expected to be introduced in 2025.
