Spot ETFs Bleed $536M as Prices Wilt Below $110K
The U.S.-listed crypto exchange-traded funds (ETFs) bled money Thursday, snapping a two-week streak of consistent inflows. The 11 bitcoin BTC$106,532.66 ETFs registered a net outflow of $536.4 million as investors pulled out $56.8 million from ether ETFs. Data curated by SoSoValue shows BlackRock’s iShares Bitcoin Trust (IBIT) saw $29 million in outflows on the day,…