Bitcoin ETFs shed $2.35B in 2 weeks, BlackRock’s losing streak hits 11
US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.
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US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.
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Jane Street raised its Fidelity Bitcoin ETF stake nearly eightfold in Q3 while trimming BlackRock IBIT shares, according to September SEC filings.
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Jane Street ended Q3 with 19% fewer shares in BlackRock’s Bitcoin ETF, and a higher share price lifted the stake’s value to $957 million.
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Bitcoin (BTC) ETF outflows stretched to a fifth straight day on Wednesday, with $299.8 million leaving US spot funds. BlackRock’s iShares Bitcoin Trust (IBIT) took almost all of the hit. The selling is not spread evenly. Most of the money is leaving a single fund, which leaves BTC short of one of its steadiest buyers. The post 5 Days of Bitcoin ETF Outflows, Brought to You Mostly by BlackRock appe...
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Barclays has raised its holdings in BlackRock’s bitcoin ETF to nearly $187 million, while Citi has reported a new $119 million stake in Fidelity’s bitcoin ETF as of Sept. 30. Barclays’ SEC filing, submitted Nov. 6, lists three IBIT share…
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