financetom
Business
financetom
/
Business
/
Market Chatter: BlackRock's Bitcoin ETF Sees Record $333 Million Net Outflow Thursday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: BlackRock's Bitcoin ETF Sees Record $333 Million Net Outflow Thursday
Jan 3, 2025 5:33 AM

08:12 AM EST, 01/03/2025 (MT Newswires) -- BlackRock's ( BLK ) iShares Bitcoin Trust ETF ( IBIT ) saw a net outflow of $333 million on Thursday, a record since its launch, Bloomberg News reported Friday.

The ETF also saw a third consecutive day of outflows, its longest losing streak, according to Bloomberg data.

The BlackRock ETF, launched in January last year, is the largest spot bitcoin fund, with almost $37 billion in inflows and over $53 billion in assets, Bloomberg reported.

BlackRock ( BLK ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pantages Capital Acquisition Corporation Announces Business Combination with MacMines Austasia Pty Ltd.
Pantages Capital Acquisition Corporation Announces Business Combination with MacMines Austasia Pty Ltd.
Nov 19, 2025
NEW YORK CITY, NY / ACCESS Newswire / November 19, 2025 / Pantages Capital Acquisition Corporation ( PGAC ) (Pantages), a publicly traded special purpose acquisition company , and MacMines Austasia Pty Ltd., a geological exploration and mining company (MacMines), today announced that they have entered into a definitive business combination agreement with newly formed entities HORIZON MINING LIMITED (Horizon...
Air Canada And Dubai's Emirates Extend Strategic Partnership With
Air Canada And Dubai's Emirates Extend Strategic Partnership With "Major, Multi-Year" Expansion Agreement
Nov 19, 2025
07:27 AM EST, 11/19/2025 (MT Newswires) -- Air Canada ( ACDVF ) , the nation's biggest airline, and Dubai's Emirates announced Wednesday that they will expand and extend their strategic partnership, building on the success of a three-year-old agreement between two of the world's leading airlines. A statement noted that since launching their strategic partnership in 2022, the airlines have...
Dycom Industries Fiscal Q3 Adjusted Earnings, Revenue Rise; 2026 Revenue Outlook Updated
Dycom Industries Fiscal Q3 Adjusted Earnings, Revenue Rise; 2026 Revenue Outlook Updated
Nov 19, 2025
07:26 AM EST, 11/19/2025 (MT Newswires) -- Dycom Industries ( DY ) reported fiscal Q3 adjusted earnings Wednesday of $3.63 per diluted share, up from $2.68 a year earlier. Analysts polled by FactSet expected $3.21. Contract revenue for the quarter ended Oct. 25 was $1.45 billion, up from $1.27 billion a year earlier. Analysts surveyed by FactSet expected $1.41 billion....
BRIEF-Dycom Industries to acquire data center electrical contractor Power Solutions
BRIEF-Dycom Industries to acquire data center electrical contractor Power Solutions
Nov 19, 2025
Nov 19 (Reuters) - Dycom Industries Inc ( DY ): * DYCOM INDUSTRIES TO ACQUIRE POWER SOLUTIONS, PREMIER DATA CENTER ELECTRICAL CONTRACTOR, POSITIONING THE COMPANY FOR ACCELERATED GROWTH IN DIGITAL AND DATA CENTER INFRASTRUCTURE SERVICES * DYCOM INDUSTRIES INC ( DY ) - POWER SOLUTIONS VALUED AT $1.95 BILLION * DYCOM INDUSTRIES INC ( DY ) - TO FUND DEAL...
Copyright 2023-2026 - www.financetom.com All Rights Reserved