đ Big Moves in Bitcoin ETFs! đ
- BlackRock's IBIT fund saw a record outflow of $332 million on Thursday, marking its highest since launch. This follows a series of outflows since December 20.
- While large outflows might suggest a lack of confidence, they could also indicate investors rebalancing or taking profits.
- On the flip side, other ETFs like Bitwise's BITB and Fidelity's FBTC saw inflows of $48 million and $36 million, respectively.
- Bitcoin is trading just under $97,000, up 1.5% in the last 24 hours.
What do you think is driving these ETF trends? Share your thoughts in the comments! đŹ
