Photo: Steve Jurvetson / CC BY 2.0 (archive)
BlackRock’s iShares Bitcoin Trust recorded $405.3 million in outflows on Monday, November 2, its largest daily withdrawal since June, Cointelegraph reported Tuesday, citing Farside Investors data.
The withdrawal from IBIT was the fund’s largest since June 26, when investors pulled $444.5 million, according to the report.
Across US-listed spot bitcoin exchange-traded funds, Monday’s net outflow totaled $398.6 million. Fidelity’s Wise Origin Bitcoin Fund, FBTC, attracted $6.7 million, partially offsetting IBIT’s withdrawals.
The figures cover Monday’s fund flows, not Tuesday’s trading. They followed $515 million in net outflows from US spot bitcoin ETFs in October, Cointelegraph reported.
JBizNews Desk
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