The months-long torrent of money flowing into the formerly red-hot Bitcoin exchange-traded funds (ETFs) has finally stalled.

Investors pulled more than half a billion dollars out of the products on May 1st, with BlackRock’s IBIT seeing its first outflow day for the first time since its License.

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3. US Bitcoin ETFs Bleed Record-Breaking $563 Million As BlackRock’s IBIT Posts First Day Of Outflows