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Bitcoin is 2.8% below its Nov. 3 close and at its weakest daily close since Aug. 21, with $2.13 billion of ETF redemptions concentrated in BlackRock's IBIT.

Bitcoin (BTC) was built so people could hold money without a bank. Now its big holders have handed more than $5 billion in coins to BlackRock, the $15.5 trillion Wall Street giant. The reason is fear. And the move adds no new money to Bitcoin. Why...

Bitcoin ETFs endured their biggest weekly withdrawals since June, with BlackRock's IBIT bearing the brunt of the selling.

Bitcoin’s election rally lasted barely a day. After climbing above $80,800 following Tuesday’s US midterms, the cryptocurrency plunged toward $75,500 on Thursday, November 5. The reversal came as Wall Street suffered its worst tech stock selloff in...

Four funds attracted money on November 4, with FBTC leading inflows while IBIT remained the sole fund recording withdrawals. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your...

Citi is pitching spot Bitcoin and Ethereum ETFs (exchange-traded funds) to its wealth clients. Over the last two trading sessions, investors pulled about $1 billion from US Bitcoin ETFs. On Monday, US Bitcoin and Ethereum ETFs lost $538 million...

BlackRock’s iShares Bitcoin Trust (IBIT) posted a $405.3 million net outflow on November 2, sparking viral claims that BlackRock is selling Bitcoin (BTC). The asset manager is not trading for itself, however. Its clients are cashing out. For BTC...

Bitcoin ETFs lost another $398.6 million after IBIT suffered $405 million in withdrawals and Bitcoin's price slipped below $77,000.

North Korean hackers could target BlackRock's $62 billion Bitcoin exchange-traded fund (ETF), crypto wallet maker OneKey founder Yishi Wang warned. “I suspect IBIT is already on North Korea's shortlist,” Wang said, following the $6 billion Binance...

Investors pulled $643.33 million from US spot Bitcoin ETFs on October 30, according to SoSoValue data. The exit came one day after hackers drained about $6.3 billion from Binance, the world’s largest crypto exchange. These funds let brokerage...