Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12423
Markets: 96000
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12423
Cryptocurrencies
55.69%
Bitcoin Share
coinpedia 2025-01-03 09:42:00

Bitcoin ETF Outflow Hits $332M: BlackRock’s iShares Trust Faces Largest Withdrawal Yet

Bitcoin ETF Outflow Hits $332M: BlackRock’s iShares Trust Faces Largest Withdrawal Yet

The post Bitcoin ETF Outflow Hits $332M: BlackRock’s iShares Trust Faces Largest Withdrawal Yet appeared first on Coinpedia Fintech News Blackrock bleeding red? BlackRock’s iShares Bitcoin Trust (IBIT) saw a massive $332.6 million outflow on January 2, marking its largest withdrawal since launching a year ago. This came after U.S. markets reopened post-New Year’s Day, continuing a three-day streak of redemptions. The outflows for the week totaled a staggering $392.6 million, surpassing a previous record of $188.7 million on December 24. Despite these challenges, BlackRock’s Bitcoin ETF remains a heavyweight in the U.S. market. In 2024, it ranked third among all U.S.-listed ETFs for net inflows, attracting $37.2 billion, behind only Vanguard’s 500 Index Fund and iShares Core S&P 500 ETF. Looking at the scenario, Crypto analyst and expert Adam Back, predicts a Bitcoin ETF inflow comeback by 2025, especially if Bitcoin prices rise as expected. However before that there are some corrections also on the way as experts believe this is a normal thing for Bitcoin before attaining a new ATH. Competing ETFs See Gains The outflows pushed the US spot Bitcoin ETF market into the red, despite gains from competitors like Bitwise, Fidelity, and Ark 21Shares reported inflows of $48.3 million, $36.2 million, and $16.5 million, respectively, on January 2. Grayscale’s Bitcoin Mini Trust also gained $6.9 million, although its flagship GBTC fund saw a $23.1 million outflow. The broader crypto ETF market recorded $242 million in outflows that day, with BlackRock’s losses overshadowing gains by other funds. Moreover while on one hand, large outflows might signal negative sentiment over ETFs it can also mean investors are adjusting their portfolio or simply cashing on the profits. At the same time, Ethereum ETFs made good moves, with BlackRock and Fidelity leading inflows for Ether-focused funds. Grayscale’s Ethereum Mini Trust and Bitwise’s Ethereum ETF added notable contributions. Crypto ETFs’ 2024 Success Despite the recent downturn, 2024 was a banner year for U.S. spot Bitcoin ETFs, with over $35 billion in net inflows. BlackRock led the pack with $37.31 billion, followed by Fidelity and ARK’s Bitcoin ETFs. These figures far exceeded initial industry projections, cementing the popularity of crypto ETFs among investors. Ethereum ETFs also made waves, with BlackRock and Fidelity leading inflows for Ether-focused funds. Grayscale’s Ethereum Mini Trust and Bitwise’s Ethereum ETF added notable contributions. Top 5 2025 crypto ETF predictions in order of confidence… 1) Combined spot btc & eth ETFs launch (obvious) 2) Spot eth ETF options trading 3) Spot btc & eth ETF in-kind creation/redemption 4) Spot eth ETF staking 5) Spot sol ETF approved Actually, these all will happen. — Nate Geraci (@NateGeraci) January 2, 2025 Looking ahead, many crypto experts like Nate Geraci think there will be more innovation coming up in 2025 with a possibility of combined Bitcoin and ETH ETFs and Solana ETFs on the way the market is getting ready for a bigger bull ride.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.69%
Bitcoin Share
67
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.