BlackRock’s Bitcoin ETF Lost $1.21B While Rivals Held Steady
Photo: Coindoo
Key Takeaways IBIT shed $1.21 billion across five sessions Other Bitcoin ETFs combined lost $72.2 million Fidelity led Thursday’s $430.2 million sector exit ETHA drove 97% of Friday’s Ether ETF outflow Farside Investors’ daily flow table , checked on November 7, puts IBIT’s net outflow for the five sessions at $1.21 billion, against $1.28 billion for the entire sector. Take IBIT out and the week is almost flat Subtracting IBIT leaves a $72.2 million net outflow spread across every other U.S. spot Bitcoin ETF.
Source: Coindoo
