The months-long torrent of cash flowing into new The substantial cash out comes after a key federal economic report If interest rates remain high, investors typically steer clear of “risk-on” assets like Bitcoin.Back in January, the Securities and Exchange Commission They have been wildly popular, with record amounts of money hitting the products in the weeks following their launch. BlackRock’s iShares Bitcoin Trust (IBIT) has been a particular favorite. But yesterday, after a 71-day run of inflows, no money entered IBIT. And Grayscale’s ETF lost $139.3 million, while Fidelity’s fund (FBTC) lost $23 million—the first outflow from the product since its launch. The Edited by Ryan Ozawa.
