The BlackRock Bitcoin ETF, trading under the ticker $IBIT, experienced a net outflow of 2,449 Bitcoin, equivalent to $164 million, on February 19. This marks the sixth consecutive day of net outflows for the ETF. Despite the outflows, the ETF recorded a trading volume of $1.7 billion on the same day, indicating continued investor activity.
BlackRock Bitcoin ETF Faces Sixth Consecutive Day of Outflows
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