BlackRock's Bitcoin ETF hits a rough patch. The iShares Bitcoin Trust just recorded its longest stretch of weekly withdrawals since debut. Over $2.7B vanished from the fund—investors are clearly rethinking their positions. This marks a significant shift in sentiment for what was once the hottest institutional Bitcoin vehicle. Is this temporary turbulence or a sign of deeper market hesitation?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
1
Repost
Share
Comment
0/400
TokenomicsDetective
· 12-05 13:43
The dream of institutions buying the dip shatters as soon as it’s mentioned.
BlackRock's Bitcoin ETF hits a rough patch. The iShares Bitcoin Trust just recorded its longest stretch of weekly withdrawals since debut. Over $2.7B vanished from the fund—investors are clearly rethinking their positions. This marks a significant shift in sentiment for what was once the hottest institutional Bitcoin vehicle. Is this temporary turbulence or a sign of deeper market hesitation?