BlackRock sold $104.97 million worth of Bitcoin on November 5 after another net outflow from its IBIT ETF. It was the fund’s fourth net outflow of the week, amid continued investor withdrawals. The asset manager has made no new Bitcoin purchase this month since late October. Over 24 hours, Bitcoin fell from above $80,000 to $75,114 before recovering slightly to $75,979, representing a 5.22% decline over the day.
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