Bitwise's Bitcoin ETF (BITB) experienced a significant outflow of $113 million, indicating potential shifts in investor sentiment or strategy regarding their Bitcoin holdings. This sizable movement suggests investors are re-evaluating their positions in the market.
Conversely, Blackrock's Bitcoin ETF (IBIT) reported a substantial inflow of $125.2 million, highlighting growing confidence or interest from investors in this particular ETF. The contrasting movements between these two products emphasize the dynamic nature of crypto investments.
Overall, the current price of Bitcoin is noted at $87,193.00, reflecting the ongoing volatility and interest in the cryptocurrency market.
