BlackRock’s Bitcoin ETF recorded a massive 2.3 billion USD net outflow this month, including a record single-day outflow of 2.34 billion. It looks intense at first glance, but BlackRock executives, especially from their Brazil division, insist this is completely normal.
Their point is clear. ETFs are built for high liquidity, and during market pullbacks, retail investors naturally shift cash around. Nothing unusual is happening. IBIT is also nearing a scale of 100 billion USD, placing it among BlackRock’s most profitable product lines.
So even if the numbers appear alarming, IBIT has the strength and structure to handle it. As long as this product continues operating, inflows and outflows remain nothing more than a repeating cycle.
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