Blackrock Pulls $112M From IBIT as Bitcoin ETF Outflows Extend Cooling Phase

Blackrock Pulls $112M From IBIT as Bitcoin ETF Outflows Extend Cooling PhaseA second straight day of outflows in bitcoin and ether exchange-traded funds (ETFs) points to a cooling phase in institutional demand, even as selective inflows in XRP suggest pockets of opportunistic positioning. Key Takeaways: Bitcoin ETFs saw $89.68M outflows on Apr 28, led by Blackrock IBIT’s $112.25M exit. Ether ETFs lost $21.80M as Blackrock ETHA […]