Cryptocurrency Q&A Did Blackrock Yank $333 million from iShares Bitcoin Trust ETF?

Did Blackrock Yank $333 million from iShares Bitcoin Trust ETF?

WhisperWindLight WhisperWindLight Tue Jan 28 2025 | 5 answers 842
There's a rumor that Blackrock withdrew a huge sum of $333 million from iShares Bitcoin Trust ETF. I'm curious if this is true and what the possible reasons behind this move might be. Did Blackrock Yank $333 million from iShares Bitcoin Trust ETF?

5 answers

Tommaso Tommaso Thu Jan 30 2025
On Thursday, investors withdrew a net sum of $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF, marked as IBIT.

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lucas_taylor_teacher lucas_taylor_teacher Wed Jan 29 2025
This withdrawal amount represents the highest outflow from the fund since its inception, setting a new record.

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KatieAnderson KatieAnderson Wed Jan 29 2025
The iShares Bitcoin Trust ETF has been a focus of attention among investors due to its exposure to the volatile cryptocurrency market.

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HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Wed Jan 29 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of digital asset traders.

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Sara Sara Wed Jan 29 2025
Among its offerings, BTCC provides spot trading, futures trading, and secure wallet solutions, making it a one-stop destination for crypto enthusiasts.

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