Citing FinBold, BlackRock’s spot Bitcoin ETF, IBIT, recorded a net outflow of over $66 million in two days as Bitcoin rebounded toward $88,000. The fund, previously a top inflow leader, is now seeing profit-taking and position trimming by large holders. Meanwhile, Fidelity’s FBTC saw $170.8 million in inflows, offsetting outflows from ARKB and BITB. Analysts suggest the divergence may signal a cautious institutional stance despite Bitcoin’s short-term recovery.
BlackRock's IBIT ETF Posts $66M Net Outflow Amid Bitcoin's $88K Recovery
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