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(Bloomberg) -- Investors yanked a net $333 million from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT) on Thursday, the most withdrawn from the record-breaking fund since its launch.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe fund

Cathie Wood is closely watched by many investors. The hope is that this results in strong portfolio returns. As a revolutionary store of value that has now become a legitimate financial asset drawing lots of attention, Bitcoin (CRYPTO: BTC) is prominently on the radar of Ark Invest.

Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.

Which of these Bitcoin-driven companies is a better investment right now?

Bitcoin is now 16 years old!

Bitcoin has lost some steam and is now trading at about $94,000 at the time of writing. While this is still a remarkable price level when considering Bitcoin's humble beginnings, uncertainty looms in the market, leaving many investors asking the critical question: Should you buy the Bitcoin dip? Bitcoin's recent pullback may have surprised some, but it aligns with a historical pattern seen in the years after a halving.

ADA’s bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months.