Traders are now paying more for immediate downside protection, with continued defensive positioning. Within the last seven days, BTC has taken a backseat while gold performed well. The precious metal has taken some …
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BlackRock’s IBIT Bucks the Trend with Continued Inflows Despite Weak BTC Price Action
by adminby adminU.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the …
