Comment on BlackRock's bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally

BlackRock's bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally

Getty ImagesTraders pulled $333 million from BlackRock's iShares Bitcoin Trust ETF on Thursday, marking a record daily outflow.It marked the third straight day of outflows, the fund's longest stretch ever. Bitcoin had been on a tear since Trump's election win but has slowed its in recent weeks. BlackRock's spot bitcoin ETF saw record outflows yesterday as crypto takes a breather from its blockbuster rally.Investors pulled $333 million from the iShares Bitcoin Trust ETF on Thursday, marking a record daily outflow since the fund debuted last January, according to Bloomberg data.

 

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