BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows
Bitcoin Magazine BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows U.S. spot bitcoin ETFs lost $299.8 million on Wednesday, their fifth straight day of outflows, with BlackRock's IBIT accounting for $269.7 million and about 94% of November's withdrawals. This post BlackRock’s IBIT Bleeds $2 Billion…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
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