BlackRock Bitcoin Trust shrinks by $291 million in a single day

BlackRock's Bitcoin Private Equity Trust (IBIT) saw a decrease of $291 million in assets within a day, reflecting the recent pullback trend in the Bitcoin ETF market. Previously, the market's enthusiasm for Bitcoin ETFs had driven the growth of related assets, but recently investor sentiment has cooled down. Industry insiders are concerned that this may affect the market performance and capital inflows of future Bitcoin ETFs. （Decrypt）