[Afternoon News Briefing] BlackRock Bitcoin Spot ETF Sees $528 Million Net Outflow, etc.

BlackRock's spot Bitcoin ETF (IBIT) experienced a $528 million net outflow yesterday, marking its second-largest daily outflow since launch. Bloomberg ETF senior analyst Eric Balchunas noted that IBIT still has $2 billion in year-to-date net inflows, placing it in the top 2% of all ETFs, and that the recent outflow represents less than 1% of its $64 billion cumulative inflows.

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