BlackRock's spot Bitcoin ETF has a net outflow of more than $13 million

On Thursday, BlackRock's spot Bitcoin ETF (IBIT) had a net outflow of more than $13 million, the first time the investment tool has seen a net outflow since May. According to Farside Investors, as the largest spot Bitcoin ETF by total assets, IBIT had a net outflow of about $13.5 million on Thursday. This is also the second time that BlackRock's Bitcoin fund has seen a net outflow since its launch in January.

Despite this, the overall performance of the Bitcoin market remains optimistic, and investors remain confident in its long-term potential. 📈✨

(Source: Decrypt)