Bitcoin Near $90K as BlackRock’s IBIT ETF Becomes Its Most Profitable Product Despite $2.34 Billion in November Outflows
Bitcoin traded near $90,330 on Dec. 1 after a 20% drop in November, with support seen around $86,000 and resistance at $92,500. BlackRock’s iShares Bitcoin Trust became its most profitable ETF, reaching $70.7 billion in assets and generating $245 million in annual fees, despite $2.34 billion in outflows last month.