BlackRock Bitcoin ETF sees record outflow of 1.26 billion dollars.

BlackRock's Spot Bitcoin ETF Faces Challenging Days

BlackRock's spot Bitcoin ETF, IBIT, experienced a record net outflow this month, losing 1.26 billion dollars. This situation has raised concerns among investors and increased pressure on the market.

The price of IBIT dropped by %16 this month, falling to 52 dollars. This price was last seen in April. In response to these fluctuations, investors have increased demand for put options as a precautionary measure.

Put options are being used as a risk management tool, and their prices have reached the highest level in the last seven months compared to call options. This indicates a rising expectation that the market may decline further.