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The Defiant 2025-01-03 21:17:42

BlackRock’s Bitcoin ETF Suffers Largest Single-Day Outflow of $333 Million

Blackrock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) just suffered its most significant single-day outflow. On Jan. 2, the Nasdaq-listed ETF recorded approximately $333 million in net outflows, marking the third consecutive day of withdrawals and the largest since its launch one year ago, according to SoSoValue data . These outflows surpassed the previous record of $189 million on December 23, 2024, bringing iBIT's cumulative net inflows to around $37 billion and its total net assets to $53 billion. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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