Blackrock Launches Bitcoin Trust For Direct Crypto Exposure Ledger In a significant market movement, the 11 United States-based spot Bitcoin exchange-traded funds (ETFs) recorded combined net outflows of $12 billion from August 30 to September 6, marking the longest Investors withdrew $12 billion from 11 spot Bitcoin ETFs between Aug 30 and Sept 6, marking their longest run of outflows since launching on Jan 10
Blackrock Launches A Bitcoin Trust Blackrock Launches Bitcoin This week in crypto, major developments occurred across DeFi, Bitcoin, and GameFi Donald Trump’s new DeFi venture, WLFI, introduced bold plans for decentralized banking, though skepticism lingers BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $128 million, Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption - particularly by closing the gap between advisors and their clients? In a joint statement released on Aug 27, Bitwise Asset Management and Osprey Funds announced an asset purchase agreement As part of the deal, OBTC unitholders will receive shares of BITB in exchange
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