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Bitcoin and Ether ETFs See Seventh Straight Day of Outflows; Blackrock's IBIT Loses $445 Million

By

Shiraz Jagati

8d ago· 3 min readenNews

Summary

U.S. spot bitcoin and ether ETFs experienced a seventh consecutive day of net outflows on June 26, with bitcoin products alone losing $445 million in a single session. Blackrock's IBIT was a major contributor to the outflows. Analysts have described this stretch as "the worst weekly outflow ever" for the products since they began trading.

Source

bskyBitcoin and Ether ETFs See Seventh Straight Day of Outflows; Blackrock's IBIT Loses $445 Millionnews.bitcoin.com

Key quotes

· 1 pulled
the worst weekly outflow ever
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U.S. spot bitcoin and ether ETFs logged a seventh straight day of outflows on June 26, with Blackrock's IBIT shedding $445 million.

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