BLACKROCK’S SPOT BTC ETF TUMBLES—IS THE KING LOSING ITS CROWN?

For the first time ever, BlackRock’s IBIT saw back-to-back weekly outflows despite Bitcoin’s price bump.

This ETF, worth a staggering $54.3B, still dwarfs Fidelity and Grayscale but is showing cracks.

Friday’s inflows hint at a recovery, but is IBIT still the go-to Bitcoin ETF?

Source: The Block$BTC