Bitcoin ETFs shed $2.35B in two weeks as BlackRock’s losing streak hits 11 sessions
Summary
US spot Bitcoin funds suffered additional capital withdrawals on Friday, bringing their two-week total losses to billions. Major products managed by BlackRock and Fidelity both contributed to the negative flows, with BlackRock extending its prolonged streak of consecutive daily declines.
US spot Bitcoin ETFs recorded $185.4 million in net outflows Friday, with BlackRock’s IBIT accounting for $143.5 million and Fidelity’s FBTC shedding $41.9 million.
Source: Read the full story at Cointelegraph.com News
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