🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
BlackRock's BIT saw a record $523 million in outflows in a single day.
On November 19, BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest single-day net outflow since its inception in January 2024. IBIT saw a fund outflow of $523.15 million yesterday, surpassing the previous record of $463 million set on November 14. The ETF has experienced net outflows for five consecutive days, totaling $1.43 billion. As the world's largest Spot Bitcoin ETF (net assets of $72.76 billion), IBIT has been in a trend of fund outflows since late October. On a weekly basis, the fund has seen net outflows for four consecutive weeks, amounting to $2.19 billion. This outflow coincides with a significant drop in Bitcoin's price; earlier this week, Bitcoin fell below $90,000 from its historical high of $126,080 set in early October. Despite the continued outflows, Vincent Liu, CIO of Kronos Research, stated that institutional investors are rebalancing rather than completely selling off Bitcoin.