BlackRock Bitcoin ETF Investors Now Down 40% as $1.79 Billion Leaves Spot ETFs

The post BlackRock Bitcoin ETF Investors Now Down 40% as $1.79 Billion Leaves Spot ETFs appeared first on Coinpedia Fintech News

The recent Bitcoin crash has hit BlackRock ETF investors much harder than many expected. The average IBIT investor is now down nearly 40%, and panic selling pushed $1.79 billion out of U.S. spot Bitcoin ETFs. This made it the second biggest weekly withdrawals since the funds launched. BlackRock Bitcoin ETF Investor Falls Into 40% Loss …