Bitcoin ETF Giant IBIT Sees $162 Million Exit as Rally Pauses Near $76K

The Bitcoin ETF giant IBIT saw a significant exit of $162 million on September 16 as the price of Bitcoin paused near $76,000.

This is despite the fund's assets under management reaching $59.6 billion and Bitcoin's strong three-month performance with an 18.9% increase in value.

The latest redemption wave accounts for roughly 0.27% of AUM, hinting at profit-taking rather than a wholesale shift in sentiment.