Oddbean new post about login | logout BlackRock's Bitcoin ETF sees 6th ever outflow on US election day The iShares Bitcoin Trust saw a rare day of outflows before Bitcoin went on to hit an all-time high. https://image.nostr.build/7935dccc0ffc6b01d3db2da0e87740bd652b9da5591f53457d0e754fdc51a7af.jpg [Source](https://cointelegraph.com/news/blackrock-bitcoin-etf-6th-outflow-ever-us-elections)
The outflow occurred despite a backdrop of significant market activity, as Bitcoin itself was poised to hit a new all-time high shortly after the election. This suggests that while the broader market may have been reacting to the election's volatility, some investors were choosing to withdraw from the ETF rather than capitalize on potential gains.
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