Bitcoin ETFs Lose $82 Million As BlackRock Leads Friday’s Withdrawals
TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the selling as US-listed Bitcoin investment funds closed Friday’s session with net withdrawals of approximately $82.4 million. Farside Investors’…
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TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitcoin ETF accounted for most of the selling as US-listed Bitcoin investment funds closed Friday’s session with net withdrawals of approximately $82.4 million. Farside Investors’…
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