CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-05-02 06:41:29

BlackRock’s IBIT ETF Faces Its First Ever Outflow Of $36.6M!

The post BlackRock’s IBIT ETF Faces Its First Ever Outflow Of $36.6M! appeared first on Coinpedia Fintech News Blackrock’s Bitcoin ETF, IBIT, on May 1st, 2024 faced its first-ever outflow of $36.6 Million amid the cross-border market correction. The market leader, Bitcoin price, experienced a drop of approximately 9%, from $61,583 to a low of $56,555. Further, it faced a liquidation of $464 Million out of which 86% were long positions and 14% …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.