BlackRock ETF saw $548.2 million in net outflows, which differs from direct selling amounts
Original headline블랙록 ETF 5억4820만달러 순유출, 직접 매도액과는 달라
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BlackRock’s three U.S. spot Bitcoin and Ethereum ETFs recorded $548.2 million in net outflows on the Nov. 2 U.S. trading day, led by $405.3 million exiting the iShares Bitcoin Trust ETF (IBIT), according to Farside Investors data. The outflows spanned both its Bitcoin and Ethereum ETF products and reflect fund flows rather than equivalent direct coin sales by BlackRock. The figure matters because IBIT has been a major gateway for institutional Bitcoin exposure, so sustained redemptions could signal shifting allocator demand. Watch upcoming daily flow data across U.S. spot Bitcoin and Ethereum ETFs, plus BTC and ETH price and volume reactions, to see whether the pullback broadens or reverses.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
BlackRock (BLK), iShares Bitcoin Trust ETF (IBIT), Bitcoin (BTC), Ethereum (ETH), Farside Investors
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