BlackRock's IBIT Bitcoin ETF Records $773M Weekly Exit.



Major outflow alert: BlackRock's flagship Bitcoin ETF (IBIT) saw $773 million in redemptions this week one of its largest weekly exits to date.

Despite the sell off pressure, Bitcoin's underlying strength continues to draw long term attention. Is this a healthy profit taking moment or the start of broader institutional rotation?

Market watchers are closely monitoring how this impacts BTC price action in the coming days.

#Bitcoin #IBIT #BlackRock #BitcoinETF
IBIT-3.04%
BTC-1.83%
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TRAX
· 20h ago
Interesting outflow, but Bitcoin's long term strength still looks solid. Classic profit taking after a strong run. Could be healthy shakeout before next leg up.
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