News Explorer — BlackRock's Bitcoin ETF Just Had Its Worst Day Ever—And BTC Is Plunging Again

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Nov 19, 6:05 pm

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BlackRock's Bitcoin ETF Just Had Its Worst Day Ever—And BTC Is Plunging Again

BlackRock's iShares Bitcoin Trust (IBIT) experienced a record $523 million outflow in a single day, contributing to a total loss of over $1.4 billion in assets since last Thursday. The decline is part of a larger market downturn due to various macroeconomic uncertainties.

BlackRock's iShares Bitcoin Trust (IBIT) experienced a record $523 million outflow in a single day, contributing to a total loss of over $1.4 billion in assets since last Thursday. The decline is part of a larger market downturn due to various macroeconomic uncertainties.

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