Bitcoin ETFs See $1.63B Outflows as BlackRock Leads Selling Pressure

The post Bitcoin ETFs See $1.63B Outflows as BlackRock Leads Selling Pressure appeared first on Coinpedia Fintech News U.S. spot Bitcoin ETFs continued seeing heavy outflows for the straight five days with total withdrawals reaching nearly $1.63 billion. The biggest selling came from BlackRock’s Bitcoin ETF, (IBIT), as institutions continued reducing exposure. Meanwhile Bitcoin price continues to struggle below the $78,000 level. BlackRock Leads Bitcoin ETF Outflows On May 21 alone, the Bitcoin …