The largest wave of withdrawals hits BlackRock's Bitcoin fund since its launch!

This week, the BlackRock Bitcoin ETF (IBIT) experienced the largest withdrawal of funds since its inception, signaling a clear increase in concern among investors regarding recent market movements.

The massive outflow raised questions about institutional trends.

Risk appetite decline pressures cryptocurrencies and crypto assets.

This news is one of the most significant developments in the Bitcoin market this week$BTC