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Cryptocurrency News Articles
BlackRock Bitcoin ETF Sees Biggest Outflow Since Launch
Dec 25, 2024 at 03:56 pm

BlackRock's iShares Bitcoin ETF (IBIT) recorded its largest-ever outflow on Tuesday with $188.7 million, highlighting the shifting sentiment in the crypto market.
The outflow from IBIT was significant, almost doubling its previous largest outflow of $72.7 million on Friday. The outflows from IBIT have been a point of concern for some traders, especially with the year-end crypto expiry approaching.
While analysts and investors are generally bullish, recent predictions by experts like BitMEX co-founder Arthur Hayes about a potential crypto market crash around Donald Trump's inauguration day have sparked sell-offs.
The outflows from US-based spot Bitcoin ETFs also continued for the fourth day with a total outflow of $338.4 million on Tuesday.
Fidelity's FBTC saw outflows of $83.2 million and Ark 21Shares' ARKB ETF also saw outflows of $75 million.
The outflows from other crypto exchange-traded funds were negligible.
The crypto market showed signs of recovery on Tuesday as Bitcoin, Ethereum and other altcoins rebounded over the last 24 hours. Bitcoin price recovered from $94K to $99K today as traders appeared to be FOMOing into the Santa Claus rally. BTC currently trades above $98K, but a shift in sentiment could lead to traders booking profits.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bybit's Bold Move: U.S. Stocks, ETFs, and the Tokenization Tidal Wave
- Oct 12, 2026 at 04:05 pm
- Bybit is expanding its platform to include over 1,000 U.S. stocks and ETFs, empowering users with direct equity exposure. This coincides with a broader market trend of tokenized securities and surging interest in crypto-backed ETFs, signaling a new era for integrated financial platforms.
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- Bybit Revolutionizes Trading: U.S. Stocks and ETFs Now Accessible Alongside Crypto, Ushering in a New Era for Global Investors
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- Ledger-Breach-Fallout Reaches EU Amidst Trillion-XRP-Exploit Patch & EU-SEO-Keywords for Crypto Security
- Oct 12, 2026 at 07:55 am
- A tampered Ledger device surfaces in Europe, raising concerns beyond Asia. Meanwhile, an XRP Ledger bug that could have created 18 trillion XRP has been patched, and Vitalik Buterin weighs in on AI-accelerated crypto risks, shaping EU-SEO-Keywords for security awareness.
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- Starknet Explores Bold Leap to Independent Layer 1 with 2027 Quantum-Resistance Target, Stirring Market Buzz
- Oct 12, 2026 at 07:45 am
- Starknet is eyeing a significant architectural shift, considering an independent Layer 1 blockchain with a quantum-resistance goal for 2027, a move that has ignited considerable market attention and STRK token price fluctuations.
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