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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',a=t._store.getNotifications(),r=t._generatePanelMarkup(o,a),i.innerHTML=r;break;case"error_panel":r=(o='{errorMsg}').replace("{errorMsg}",t._config.panel.errorMsg),i.innerHTML=r}n&&n()}else n&&n(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var o=n>t?t+"+":n;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement("style")).type="text/css",n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),U=function(){function e(n,t,o){L(this,e);var i=this;i._store=t,i._view=o,i._config=n;var r=i._config.panel;i._panelParentNode=document.querySelector(r.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return k(e,[{key:"createPanelParentNode",value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(P)}},{key:"refreshPanelNode",value:function(e,n){var t=this;C(t._notifPanelNode,q),t._store.fetchNotifications(e,(function(e,o){var i=window.wafer&&window.wafer.base;i&&i.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render("error_panel"),C(t._notifPanelNode,q)):(t._view.render("expanded_panel"),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(o.css)),M(t._notifPanelNode,q),i&&i.sync(t._notifPanelNode.parentNode),n&&n(e,o)}))}},{key:"resetBadge",value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),C(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?C(this._indicatorNode,this._config.panel.indicatorClass):M(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?M(e._badgeNode,e._config.badge.hideClass):C(e._badgeNode,e._config.badge.hideClass)}}]),e}(),Y={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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Upgrade NowIsabelle LeeWed, Feb 26, 2025, 8:13 PM 2 min read(Bloomberg) — Investors yanked more than $1 billion from spot Bitcoin exchange-traded funds Tuesday, marking the biggest one-day outflow since the cohort’s debut last January.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis EasesFidelity Wise Origin Bitcoin Fund (ticker FBTC) posted the steepest outflows among these funds, followed by the iShares Bitcoin Trust ETF (IBIT), according to data compiled by Bloomberg. That’s as Bitcoin’s price has been faltering, with investors shunning riskier assets in the face of uncertainty. As a group, the Bitcoin funds shed roughly $2.1 billion over six consecutive days — the longest stretch of outflows since last June.The world’s largest digital asset has come under pressure this week, with its price sinking to its lowest level since mid-November after hitting an all-time high earlier this year. Other cryptocurrencies also slid, with an index tracking top digital tokens on pace for its largest four-day drop since early August.While Bitcoin funds are seeing an exodus, investors took advantage of a recent stock selloff to add nearly $7 billion combined in one session to the Invesco QQQ Trust (QQQ) and SPDR S&P 500 ETF Trust (SPY).“Digital assets are still very retail-flow driven, despite institutional flows over the past 12 months,” said Geoff Kendrick, global head of digital assets research at Standard Chartered. “This sets them apart from equities and fixed income. In my opinion, this means the average hand is weaker or has less deep pockets to ride losses. Hence more pain is likely.”Kendrick predicts Bitcoin will trade even lower — at around the $80,000 range — at which point he will “buy the dip.”To Matthew Sigel, VanEck’s head of digital-asset research, the record outflows likely stem from hedge funds unwinding a popular trading strategy called the basis trade, which exploits differences in prices between spot and futures markets. Some have used the ETFs to profit from the cryptocurrency’s volatility or offset a short position in derivatives.“This strategy involves buying Bitcoin spot (often through ETFs) while simultaneously shorting Bitcoin futures to lock in a low-risk return,” Sigel said. “However, the profits from this trade have recently collapsed, making it far less attractive. As a result, hedge funds that were using ETFs for this strategy have likely closed their positions, leading to significant redemptions.”Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,011.50 +40.75 (+0.68%)Dow Futures43,648.00 +142.00 (+0.33%)Nasdaq Futures21,370.00 +183.00 (+0.86%)Russell 2000 Futures2,196.80 +18.60 (+0.85%)Crude Oil69.36 +0.74 (+1.08%)Gold2,897.40 -33.20 (-1.13%)My PortfoliosSign in to access your portfolioSign inTop GainersZI ZoomInfo Technologies Inc. 11.73 +2.20 (+23.08%)HURN Huron Consulting Group Inc. 148.18 +22.85 (+18.23%)OTLY Oatly Group AB 8.08 +1.24 (+18.13%)LNTH Lantheus Holdings, Inc. 93.25 +13.20 (+16.49%)AXON Axon Enterprise, Inc. 572.40 +75.75 (+15.25%)Top LosersAAP Advance Auto Parts, Inc. 37.70 -8.18 (-17.83%)ZETA Zeta Global Holdings Corp. 17.77 -2.83 (-13.74%)CART Maplebear Inc. 42.80 -5.98 (-12.26%)APP AppLovin Corporation 331.00 -46.06 (-12.22%)FSS Federal Signal Corporation 79.98 -10.77 (-11.87%)Most ActiveNVDA NVIDIA Corporation 131.28 +4.65 (+3.67%)LCID Lucid Group, Inc. 2.2550 -0.3550 (-13.60%)SMCI Super Micro Computer, Inc. 51.11 +5.57 (+12.23%)NIO NIO Inc. 4.7200 +0.4500 (+10.54%)TSLA Tesla, Inc. 290.80 -12.00 (-3.96%)Trending TickersNVDA NVIDIA Corporation 131.28 +4.65 (+3.67%)SNOW Snowflake Inc. 166.19 +1.99 (+1.21%)CRM Salesforce, Inc. 307.33 +1.45 (+0.47%)MARA MARA Holdings, Inc. 12.45 +0.03 (+0.28%)RR.L Rolls-Royce Holdings plc 743.40 +112.40 (+17.81%)Top Economic Events