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Blackrock Pulls $112M From IBIT as Bitcoin ETF Outflows Extend Cooling Phase

Generating AI summary...

A second straight day of outflows in bitcoin and ether exchange-traded funds (ETFs) points to a cooling phase in institutional demand, even as selective inflows in XRP suggest pockets of opportunistic positioning. Key Takeaways: Bitcoin ETFs saw $89.68M outflows on Apr 28, led by Blackrock IBITโ€™s $112.25M exit. Ether ETFs lost $21.80M as Blackrock ETHA [โ€ฆ]

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