QUICK SPARK: Bitcoin ETF Selloff Deepens: $465 Million Flees in Two Days, IBIT Leads Exodus
U.S. spot Bitcoin ETFs lost $465 million over two days as BlackRock's IBIT led the outflows amid geopolitical and Fed jitters.
A lot of people pulled their money out of Bitcoin investment funds in just two days, probably because they're worried about world events and what the Federal Reserve might do. When investors get nervous and pull money out fast, it can tell you that confidence in that investment is shaky right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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