BlackRock's Bitcoin ETF experienced its largest single-day net outflow, with 7,048 BTC withdrawn, marking a significant event since the ETF's inception. This contributed to a total net outflow of $7.334 billion from Bitcoin ETFs, with BlackRock's IBIT accounting for $5.2782 billion of this amount. Meanwhile, BTC OG insider whales have seen their unrealized losses grow to $3.1 million.
In other developments, the U.S. CFTC has requested to withdraw its settlement agreement with Gemini. Additionally, Michael Saylor has purchased $1.1 billion in Bitcoin this year, aiming to acquire miner output at a 2-3x faster rate. United Texas Bank has received approval to convert into a national bank and plans to offer digital asset custody services.
BlackRock Bitcoin ETF Sees Record Outflow of 7,048 BTC
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