BlackRock's Bitcoin ETF Snaps 71-Day Inflow Streak, Data Show
BlackRock’s spot bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, fell out of favor on Wednesday, preliminary data published by Farside Investors showed. For the first time since going live on January 11, the fund did not draw any investor money, snapping a 71-day inflows streak. Seven out of the other ten funds followed IBIT’s lead.
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