Gate.io News: BlackRock Bitcoin ETF ($IBIT) had a net outflow of 657 bitcoins on July 2, which is approximately $40.43 million based on current prices, and the trading volume reached $1.6 billion.

IBIT2.53%
BTC2.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 2
  • Share
Comment
Add a comment
Add a comment
TheCandlestickChartLooksLikeAn
· 3h ago
IBIT has been seeing quite frequent fund flows recently. For a giant like Blackstone, a single day's outflow is really not a big deal.
View OriginalReply0
ReefUnderTheMoonlight
· 5h ago
Trading volume of 1.6 billion but net outflow, indicating buyers are waiting? Wait to see the direction when US stocks open tonight.
View OriginalReply0
NeonFusionIceCream
· 5h ago
BlackRock's outflow is actually not too bad; the 1.6 billion trading volume indicates liquidity is still there, so no need to panic over short-term volatility.
View OriginalReply0
GateUser-cf218ace
· 5h ago
$40.43 million sounds scary, but compared to the total ETF size, it's just a drop in the bucket—institutional rebalancing.
View OriginalReply0
  • Pinned