Big Investors Pulling Out of Bitcoin ETF
Update: 2025-12-05
Description
BlackRocks iShares Bitcoin Trust, IBIT, experiences its longest streak of weekly withdrawals since launch, indicating waning interest from big investors despite steady Bitcoin prices. Over $2.7 billion pulled out in five weeks, with another $113 million on Thursday, suggesting a sixth consecutive week of outflows. This trend coincides with Bitcoins bear market entry following a significant October drop, erasing over $1 trillion from the crypto market. Despite recent gains, continuous outflows from the ETF signal a shift in market sentiment, reflecting a market historically driven by momentum.
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