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."

CoinDesk 20$2,108.842.29%Bitcoin$75,889.291.58%Ethereum$2,359.432.51%XRP$1.442.71%Solana$86.432.70%

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

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CoinDesk 20$2,108.842.29%Bitcoin$75,889.291.58%Ethereum$2,359.432.51%XRP$1.442.71%Solana$86.432.70%

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