BlackRock's Bitcoin ETF Posts Record Outflow Amid Investor Uncertainty
BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), experienced a significant outflow of $122.7 million on July 31.
This represented approximately 1,948 BTC sold by IBIT investors and came as U.S. spot Bitcoin ETFs collectively saw more than $265 million in net outflows.
Market participants are now closely watching upcoming ETF flow data to determine whether the withdrawals reflect short-term profit-taking or a broader slowdown in institutional demand.