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Crypto World Blackrock’s iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022
↗ https://reddit.com/r/investing/comments/1p62rv8/crypto_world_blackrocks_ishares_bitcoin_fund_sees/
* The iShares Bitcoin Trust ETF has recorded $2.2 billion in outflows this month, as of Monday, FactSet data shows.
* That’s nearly eight times the $291 million in losses suffered by the investment vehicle last October, or its second-worst month on record since its debut in early 2024.
* The outflows come as bitcoin is down more than 20% over the past month.