According to The Block, Bitcoin exchange-traded funds (ETFs) returned to net outflows on Thursday, reversing earlier inflows seen the previous day. BlackRock’s IBIT fund recorded the largest withdrawal amount, with $254.1 million exiting the fund that day. In addition, four other Bitcoin ETFs also experienced investor withdrawals. The outflow figures erased the gains from the prior day’s inflows. No further details on timing beyond the reference to Thursday were provided.
