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Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June

CO
Cointelegraph
By Cointelegraph by Helen Partz
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Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June
Photo / Coverage: CointelegraphCredit: Cointelegraph by Helen Partz
EXECUTIVE SUMMARY

Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.

Key Takeaways

  • Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June.
  • Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.
  • Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.

Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.

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