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BlackRock just sold over $90 million of these cryptocurrencies
BlackRock’s spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded more than $90 million in combined net outflows over the last five trading sessions, adding to signs of weakening institutional demand for cryptocurrencies. In this vein, investors withdrew a net $91.4 million from the asset manager’s crypto ETF lineup between August 10 and August 14, with Bitcoin accounting for the vast majority of the redemptions. BlackRock’s iShares Bitcoin Trust (IBIT) po
BTC
BTC-1.78%
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