hace 1d
BlackRock's Bitcoin ETF Returns to Profit as BTC Rebounds Above $90,000
BlackRock's iShares Bitcoin Trust ETF has flipped back into profitability with $3.2 billion in cumulative gains as Bitcoin rebounded above $90,000. The ETF recorded two consecutive days of inflows totaling $21 million, marking the first such streak in two weeks. Data show the average buy price for IBIT holders now sits near break-even levels, restoring confidence after weeks of pressure from Bitcoin's earlier decline into the mid-$80,000s.
BTC
BTC-1.56%
hace 1d
11-25
Bitcoin Holds at $88,302 Following $1.9B Fund Outflows; $258M Late-Week Inflows Signal Stabilization
Bitcoin traded at $88,302.53 after cryptocurrency investment funds recorded $1.94 billion in outflows over the past week, data show. The withdrawal marks the third-largest streak since 2018, bringing four-week total outflows to $4.9 billion. Late-week inflows of $258 million suggested early signs of improving sentiment. XRP funds attracted $89.3 million despite a 6.9% price decline, while Bitcoin and Solana funds experienced outflows of $1.27 billion and $156 million respectively.
BTC
BTC-1.56%
11-25