A mystery trader sold 29.2 million shares of BlackRock’s IBIT on Tuesday using dark pool. The net outflow of $333.6 million occurred on the same trading day as the huge IBIT deal, continuing a streak of 11 trading days for US-listed Bitcoin ETFs. Financial services firm NYDIG’s head of research, Greg Cipolaro, speculates that last week’s
A mystery trader sold 29.2 million shares of BlackRock’s IBIT on Tuesday using dark pool. The net outflow of $333.6 million occurred on the same trading day as the huge IBIT deal, continuing a streak of 11 trading days for US-listed Bitcoin ETFs. Financial services firm NYDIG’s head of research, Greg Cipolaro, speculates that last week’s
According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. After Monday’s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued
According to data source SoSoValue, investors pulled $3.45 billion over 11 trading sessions as bitcoin plummeted under $70,000 from US spot bitcoin ETFs. This shift occurs at the same time when other indicators of institutional demand are showing signs of weakness. After Monday’s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued
There has been a net withdrawal of more than $5 billion from these ETFs in only four weeks. The US spot Bitcoin ETF witnessed $77.44M worth of outflows on June 9, adding to the ongoing streak of outflows. Understand why investors no longer like Bitcoin spot ETFs. As of June 9th, the eleven spot ETFs’
There has been a net withdrawal of more than $5 billion from these ETFs in only four weeks. The US spot Bitcoin ETF witnessed $77.44M worth of outflows on June 9, adding to the ongoing streak of outflows. Understand why investors no longer like Bitcoin spot ETFs. As of June 9th, the eleven spot ETFs’