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Paul L.

BlackRock crypto ETFs see about $1.22B weekly outflows as IBIT leads withdrawals

BlackRock's spot Bitcoin and Ethereum ETF products recorded about $1.22 billion in net outflows over the past week. Bitcoin-linked withdrawals were driven mainly by iShares Bitcoin Trust (IBIT), including a $527.8 million redemption on May 27, while its Ethereum funds posted smaller net outflows led by ETHA.
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