BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record
Hex37's read
- BlackRock's Bitcoin ETF (IBIT) saw a record outflow of $528M.
- This is the second-largest daily outflow since its launch.
- Outflows linked to Iran tensions and institutional selling.
What it means for traders
- Significant institutional selling pressure on BTC may continue.
- Geopolitical events can trigger substantial crypto asset outflows.
Affected markets
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