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BlackRock IBIT Outflows Hit $1.66B Over Seven Sessions

BlackRock IBIT outflows recorded its seventh straight day of outflows totaling $1.66 billion. US spot Bitcoin ETFs lost $201 million Monday as year-to-date flows turn negative. US spot Bitcoin exchange-traded funds continued to lose assets on Monday, with BlackRock’s iShares Bitcoin Trust (IBIT) posting its seventh consecutive session of net withdrawals.

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