[Crypto World] How did BlackRock’s Bitcoin ETF perform over the past two weeks? Data shows that IBIT experienced considerable volatility during this period—with a cumulative net outflow of $275.6 million.
Specifically, the fund flows were marked by significant fluctuations: on November 24, there was the largest wave of withdrawals, with $149.1 million exiting in a single day; however, a turning point came on December 2, when sentiment suddenly shifted and $120.1 million flowed back in that day.
This dramatic ebb and flow reflects institutional investors’ ambivalence toward the current BTC price range. In the short term, capital is still oscillating between a wait-and-see attitude and tentative moves.
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DefiOldTrickster
· 16h ago
Ha, it's the same old trick again. Are institutions still hesitating? I got tired of this ten years ago. What's $270 million anyway? Is another arbitrage opportunity coming up?
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FlashLoanPrince
· 16h ago
Are the institutional guys dancing? One moment they're buying the dip, the next they're running away... Wait, did BTC go up again today?
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BlockchainNewbie
· 16h ago
The big institutions' moves this time are really disappointing—one moment they're exiting, the next they're coming back, making it feel like a roller coaster. Judging by this pace, aren't they all just waiting for a breakout signal?
BlackRock's IBIT saw a net outflow of $270 million over two weeks, with single-day fluctuations exceeding $100 million.
[Crypto World] How did BlackRock’s Bitcoin ETF perform over the past two weeks? Data shows that IBIT experienced considerable volatility during this period—with a cumulative net outflow of $275.6 million.
Specifically, the fund flows were marked by significant fluctuations: on November 24, there was the largest wave of withdrawals, with $149.1 million exiting in a single day; however, a turning point came on December 2, when sentiment suddenly shifted and $120.1 million flowed back in that day.
This dramatic ebb and flow reflects institutional investors’ ambivalence toward the current BTC price range. In the short term, capital is still oscillating between a wait-and-see attitude and tentative moves.