Bitcoin ETFs record largest loss since June with $484.9 million outflow on Wednesday
IBIT iShares Bitcoin Trust ETF
$46.55 +0.63%
View chart & analysis → - 1Bitcoin ETF outflows reached $484.9 million on Wednesday, marking the worst outflow since June 25.
- 2BlackRock IBIT lost $207.7 million, and Fidelity FBTC lost $105.1 million.
- 3The 30-year Treasury yield recorded 5.7% on Wednesday.
So what's the key point?
Bitcoin-related products saw $484.9 million leave, resulting in the largest loss since June. Companies like BlackRock IBIT and Fidelity FBTC experienced significant losses.
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