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BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June

Cointelegraph BTC Bearish

BlackRock's spot Bitcoin ETF, IBIT, saw about $405.3 million in outflows on Monday, its largest since June. US spot Bitcoin funds opened November with nearly $399 million in net outflows overall. Sustained ETF selling removes a key source of spot demand and can weigh on near-term Bitcoin price action.

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