BlackRock’s Spot Bitcoin ETF Hit by Massive $292.5M Outflow as Market Sways

As Bitcoin fell over the weekend and then rose somewhat on Monday, BlackRock’s US-listed Bitcoin fund had its largest outflow since May. Monday was the biggest outflow of $292.5 million for BlackRock’s iShares Bitcoin Trust (IBIT) in two months. On Friday, there was a little outflow as well, ending a