BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June
Summary
US-listed spot Bitcoin ETFs saw $398.6 million in net outflows on Monday, including $405.3 million from BlackRock’s IBIT, its largest daily withdrawal since June 26. Fidelity’s fund recorded $6.7 million in inflows. The withdrawals followed $515 million in October outflows and coincided with market volatility after a reported $6.3 billion Binance hack. Bitcoin briefly fell below $76,400, its lowest since August. US spot Ether ETFs lost about $140 million, extending their outflow streak to six sessions after record monthly withdrawals in October.
