Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Investors pull record US$523 million from BlackRock's flagship bitcoin ETF [BNN Bloomberg (Canada)]

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: BNN Bloomberg
Bitcoin, a bellwether for crypto markets, fell below $90,000 this week, its lowest level in seven months. IBIT, the largest spot bitcoin ETF, has attracted strong investor demand since its launch in January 2024 and has been central to the crypto ETF boom. The fund outflows highlight the severity of the selloff in bitcoin, which has corrected sharply after hitting a record high in October, and underscore how deep the pullback has been across risk assets. In contrast, gold has remained resilient, calling into question bitcoin's status as a hedge or as a replacement for the yellow metal. Some analysts have said the moves point to investors swapping bitcoin exposure for gold. “The crypto market entered a hangover in August,” said Kraken's Global Economist Thomas Perfumo, adding a lot of that demand was driven by borrowed money. “Momentum seemingly peaked during the summer. But the truth is this hangover trend started months ago,” he added. Analysts have also pointed to profi Show less Read more
Impact Snapshot
Event Time:
SIEB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SIEB alerts
Opt-in for
SIEB alerts

from News Quantified
Opt-in for
SIEB alerts

from News Quantified