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26 Fear

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US spot Bitcoin funds record large outflows at start of November

US spot Bitcoin exchange-traded funds recorded $398.6 million in net outflows on Monday. BlackRock's iShares Bitcoin Trust led the withdrawals with $405.3 million leaving the fund.

  • US spot Bitcoin exchange-traded funds recorded $398.6 million in net outflows on Monday.
  • BlackRock's iShares Bitcoin Trust shed $405.3 million on Monday.
  • The $405.3 million outflow was the largest single-day withdrawal for IBIT since June 26.
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