The BlackRock Bitcoin ETF, trading under the ticker $IBIT, reported a trading volume of $6 billion on November 4. Despite this significant trading activity, the ETF experienced a net flow of zero Bitcoin, indicating no net change in the amount of Bitcoin held by the fund. This suggests that while trading was active, it did not result in any net inflows or outflows of Bitcoin within the ETF.
BlackRock Bitcoin ETF Sees $6 Billion in Trading Volume Despite Zero Net Flow
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