BlackRock's IBIT holds $44.87 billion in AUM, dwarfing Fidelity's FBTC. Here's what the gap means for Bitcoin ETF investors and the broader market.

Friday's $444.51 million net outflow capped a seventh straight negative week, the longest weekly run on record for the category.

BlackRock's IBIT holds $44.87 billion in AUM, dwarfing Fidelity's FBTC. Here's what the gap means for Bitcoin ETF investors and the broader market.

BlackRock's iShares Bitcoin Trust (IBIT) saw $219M in outflows on July 1, capping a brutal June with $4.06B in total US spot Bitcoin ETF redemptions.