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via finance.yahoo.comTech & AI

Bitcoin ETFs see $643M outflows, led by BlackRock and Fidelity

FROM THE WIRE · FINANCE.YAHOO.COM

Scott Melker discusses Bitcoin ETFs saw $643 million in outflows Friday after Binance's record hack, with BlackRock (BLK) recording a majority. ""The Daily Wolf with Scott Melker"" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLarge ETF outflows after the Binance hack can pressure the Bitcoin price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin ETFs recorded $643 million in outflows on Friday.
  2. 02BlackRock recorded net outflows of $233.7 million.
  3. 03The decline follows a major hack at Binance.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BlackRock, Inc.BLKStock1,168.68 USD-0.45%today +1.84%Negative BitcoinBTCUSDCrypto76,749.98 USD-0.55%today -1.92%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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