BlackRock's IBIT Drives $82.4 Million Net Outflow From Bitcoin (BTC) ETFs

BlackRock's IBIT Drives $82.4 Million Net Outflow From Bitcoin (BTC) ETFs

The $82.4 million that left United States spot Bitcoin (BTC) ETFs on October 16 arrived with no counterweight: issuer daily creation and redemption disclosures show that not one of the twelve funds in the lineup recorded an inflow during the session. Every dollar of the day's net debit therefore...