Wu Blockchain (@WuBlockchain): BlackRock's IBIT Records $528M Outflow – 2nd Largest Single-Day Since Inception
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BlackRock's IBIT Records $528M Outflow – 2nd Largest Single-Day Since Inception Bloomberg ETF senior analyst Eric Balchunas noted that iShares Bitcoin Trust (IBIT) recorded $528 million in net outflows yesterday, marking the second-largest single-day outflow since the ETF’s launch. However, the analyst added that IBIT still ranks in the top 2% of all ETFs with $2 billion in net inflows year-to-date, while cumulative historical inflows have reached $64 billion, making the latest outflow less than 1% of total inflows. http://x.com/EricBalchunas/status/2059975485904371898