BlackRock's Bitcoin ETF Sheds Record $463M as Crypto Funds See Worst Week Since February
BlackRock’s Bitcoin ETF, IBIT, experienced a record outflow of $463 million on November 14, contributing to a total of $2 billion in outflows from global cryptocurrency exchange-traded products (ETPs) last week. This marked the largest weekly withdrawal since February, primarily driven by risk-off sentiments amid economic uncertainties. Roughly 97%