As reported by Coinotag, BlackRock’s iShares Bitcoin Trust (IBIT) experienced over $250 million in outflows on a day marked by one of the worst performances for Bitcoin ETFs since February 2025. Bitcoin ETFs saw a total of $867 million in outflows, the second-highest in their 22-month history, as Bitcoin dropped below $98,500. In contrast, the new XRP ETF, ticker XRPC, recorded a strong $58 million debut, the highest for any 2025 ETF launch, according to Bloomberg analyst Eric Balchunas.
BlackRock’s Bitcoin Trust Sees $250M Outflow Amid ETF Sell-Off
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