Name: BlackRock's Bitcoin ETF Sees First-Ever Day of Outflows
Uploaded: 2024-05-02T17:15:10.000Z
Duration: 52 s
Description: BlackRock's spot bitcoin ETF product IBIT recorded its first-ever day of outflows on Wednesday, with $36.9 million exiting the fund. According to data source Farside Investors and CoinGlass, the 11 spot BTC products in the U.S. saw a cumulative net outflow of $563.7 million, the largest since the funds began trading in January. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CD20$2,029.770.85%BTC$75,115.821.77%ETH$2,065.810.56%XRP$1.330.83%SOL$84.010.13%

BlackRock's Bitcoin ETF Sees First-Ever Day of Outflows | CoinDesk Videos

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CD20$2,029.770.85%BTC$75,115.821.77%ETH$2,065.810.56%XRP$1.330.83%SOL$84.010.13%

BlackRock's Bitcoin ETF Sees First-Ever Day of Outflows | CoinDesk Videos