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While BlackRock is seeing massive withdrawals, other Bitcoin ETFs have reported inflows, showing a split in investor sentiment. 

BlackRock’s Bitcoin ETF stumbles with largest outflows to date

Bitcoin’s latest milestone has reignited interest in the cryptocurrency market, with both institutional and retail investors closely monitoring its performance.

Bitcoin at $106,000: A new chapter for the world’s largest cryptocurrency

Launched in January, IBIT has grown remarkably fast. It now holds nearly half of all Bitcoin ETF assets, making it the largest in the sector. 

BlackRock’s Bitcoin ETF sets new benchmark, surpassing European rivals