US Bitcoin ETFs Lose $201M as BlackRock Withdrawals Extend the Slump
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The sustained exits mark one of the sharper pullbacks in demand for the US spot Bitcoin fund complex since its launch, underscoring how quickly institutional flows can reverse after a period of accumulation. The outflows matter because they remove a key source of marginal buying pressure for BTC and can weigh on sentiment across crypto markets. Traders will watch whether BlackRock’s IBIT and peer funds stabilize in coming sessions or post a fourth consecutive day of net redemptions, and whether Bitcoin’s price holds recent support levels as ETF demand cools.
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Named in this story
Spot Bitcoin ETFs, BlackRock (BLK), Bitcoin (BTC)
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