Bitcoin Spot ETF sees a net outflow of $14.13 million in a single day! BlackRock's IBIT becomes the only 'cover'

According to SoSoValue data:

Overall fund movement

Single-day net outflow $14.12 million

BlackRock $IBIT shoulders the burden: net inflow of $37.59 million

Grayscale $GBTC leads the outflow: $1.5484 million

Market share reaches new high

Total net assets $151.979 billion

Percentage of total Bitcoin market value rises to 6.54%

Historic milestone

Cumulative net inflow exceeds $54.974 billion

Mig Market Interpretation: Continuous capital outflow reflects increased short-term volatility, but BlackRock's ongoing capital absorption shows a divergence in institutional confidence. Current ETF holdings account for over 6%, becoming a key force in Bitcoin pricing power.

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$BTC