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Business & Economics

Bitcoin ETFs See Big April Outflows Despite Price Recovery

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Summary
Nutrition label

82% Informative

BlackRock's iShares Bitcoin Trust ( IBIT ) has led the exodus at $393.2 million .

The Grayscale Bitcoin Mini Trust (BTC) stands as the only ETF showing positive flows for the month .

The largest single-day outflow occurred on April 8 , when Bitcoin ETFs lost $326.3 million .

Strategy Inc. purchased 3,459 Bitcoin for approximately $285.8 million .

VR Score

77

Informative language

71

Neutral language

88

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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