Bitcoin ETFs See Massive Outflows, Options Cost Soars
Update: 2025-11-18
Description
BlackRocks Bitcoin ETF, IBIT, faces massive outflows amidst Bitcoins price plunge, with a total of $2.59 billion withdrawn across all spot Bitcoin ETFs. IBITs price drops by 16%, trading at $52, as traders buy protective put options, causing their cost to surge to a seven-month high. This reflects a volatile and uncertain cryptocurrency market.
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