The post BlackRock Bitcoin ETF Investors Now Down 40% as $1.79 Billion Leaves Spot ETFs appeared first on Coinpedia Fintech News
The recent Bitcoin crash has hit BlackRock ETF investors much harder than many expected. The average IBIT investor is now down nearly 40%, and panic selling pushed $1.79 billion out of U.S. spot Bitcoin ETFs. This made it the second biggest weekly withdrawals since the funds launched. BlackRock Bitcoin ETF Investor Falls Into 40% Loss …
Over the past six weeks, investors have pulled roughly $594 billion from US spot Bitcoin ETFs, marking the longest unbroken run of weekly outflows since these funds first...
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Read moreFour long-dormant ETH wallets sold most of a 37,602 ETH stash near $1,560, turning Ethereum's drawdown into a test of whether fresh demand can absorb old-holder supply The...
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