Source: Crypto.news ↗
BlackRock sees record Bitcoin whale demand for IBIT conversions despite ETF outflows
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What the source reports
BlackRock reports $3.6 billion in Bitcoin-to-IBIT conversions as security concerns drive whale demand, even as its spot Bitcoin ETF records fresh outflows.
Read the original report on Crypto.news ↗Live market context
BTC Bitcoin
$68,868.00
-3.60% · 24h
23 supported listings
IBIT IBIT
$39.06
-3.67% · 24h
3 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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