Bitcoin-focused funds are facing their worst month on record, with investors withdrawing a staggering $3.5 billion in November. The wave of redemptions is being driven mainly by BlackRock’s iShares Bitcoin Trust (IBIT), which accounts for more than half the total outflows. This massive pullback signals a significant shift in investor sentiment, as institutional capital—once a… Continue reading Bitcoin ETFs Bleed $3.5 Billion in November, Pointing to Deepening Institutional Retreat
Tag: Bitcoin ETFs
Bitcoin ETFs Drive $1.19 Billion Inflow, Marking Largest Single-Day Surge Since July
Bitcoin-focused exchange-traded funds (ETFs) have witnessed a record $1.19 billion inflow in a single day, reflecting heightened investor enthusiasm and confidence in the cryptocurrency market. This surge, the largest since July, underscores the growing mainstream adoption of regulated crypto investment vehicles. Analysts suggest that the inflows are driven by a combination of favorable market sentiment,… Continue reading Bitcoin ETFs Drive $1.19 Billion Inflow, Marking Largest Single-Day Surge Since July