BlackRock's IBIT saw $300M in client redemptions as US spot Bitcoin ETFs bled $4.4B over 13 days, driven by rising Treasury yields and portfolio

U.S. spot bitcoin and ether ETFs logged a seventh straight day of outflows on June 26, with Blackrock's IBIT shedding $445 million.

BlackRock's IBIT saw $300M in client redemptions as US spot Bitcoin ETFs bled $4.4B over 13 days, driven by rising Treasury yields and portfolio