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BlackRock Bitcoin ETF outflows reach $2B over nine sessions

US spot Bitcoin ETF outflows climbed to nearly $300 million on Wednesday, up from $95 million a day earlier, pushing five-session withdrawals to $1.44 billion. Outflows from BlackRock’s Bitcoin ETF have now reached $2 billion over nine consecutive sessions, as redemptions from US spot Bitcoin funds accelerated this week.

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AI take

The concentration of redemptions in BlackRock's fund is the notable detail: a nine-session streak at the largest issuer suggests the pressure is not a broad rotation but a pullback from the flagship product. That matters for the wider spot Bitcoin ETF complex, where the biggest fund's flows often set the tone for how allocators view the category. Whether the acceleration in withdrawals persists into a tenth session, or eases as the week's redemptions settle, is the open question worth tracking.

Generated by AI for reference only.

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