Spot Bitcoin ETFs Face Record Outflows and Investor Losses
Spot Bitcoin ETFs Face Record Outflows and Investor Losses
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BlackRock's IBIT investors are reportedly down 40% on average, as spot Bitcoin ETFs experienced their second-worst week on record. This marks a seventh consecutive week of negative performance for the category, capped by a significant $444.51 million net outflow on Friday.
Average IBIT investor now down about 40% as spot bitcoin ETFs cap second-worst week on record
Friday's $444.51 million net outflow capped a seventh straight negative week, the longest weekly run on record for the category.