Bitcoin Market Dip Drags IBIT Investor Returns Below Zero
Recent Bitcoin sell-off has led to negative returns for investors in BlackRock’s iShares Bitcoin Trust, according to asset management insights.
Recent downturns in the Bitcoin market have negatively impacted investor returns associated with BlackRock’s iShares Bitcoin Trust (IBIT). As per analysis considering dollar-weighted flows, the overall returns for those invested in IBIT have dipped into the negative territory following the recent sell-off of Bitcoin.