Update
BlackRock’s Bitcoin ETF Recorded Largest Daily Outflow Since June
BlackRock’s iShares Bitcoin Trust (IBIT) saw its largest daily outflow since June on Monday, with $405.3 million in net outflows. This followed $398.6 million in net outflows from US spot Bitcoin exchange-traded funds (ETFs) in November, marking the largest daily outflow since June 26. Fidelity’s Wise Origin Bitcoin Fund attracted $6.7 million, partially offsetting the outflows. The outflows came amid broader crypto market volatility following the $6.3 billion Binance hack and Bitcoin's brief drop below $76,400.