BlackRock’s iShares Bitcoin Trust Sees Significant $13.88 Million Net Outflow Amid Broader Bitcoin ETF Withdrawals

Quick Summary:

BlackRock iShares Bitcoin Trust outflow reached a notable $13.88 million on August 29, marking the second-largest net outflow since the fund’s launch and the most significant withdrawal since May 2.

This data, highlighted in an X post by Trader T, reflects a broader trend in the U.S.

The recent outflow from BlackRock’s iShares Bitcoin Trust and the broader U.S.

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Article Details

Author / Journalist: Ishu Aggarwal

Category: Crypto

Markets: India

Topics: BlackRock iShares Bitcoin Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 03:22:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 643 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22310727

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About BitcoinWorld

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Official Website: bitcoinworld.co.in

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