BlackRock's IBIT sees $527.8 million in one-day net redemptions, second largest since launch
U.S. spot Bitcoin exchange-traded funds posted $733.4 million in net outflows on Wednesday, the biggest one-day withdrawal since Jan. 29, according to SoSoValue data cited by Odaily Planet Daily. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $527.8 million of the total, marking its second-largest single-day net outflow since the fund began trading.