🚨 #blackRock ’s #BitcoinETF Sees Record $430M Outflow After 31-Day Streak
After a month of nonstop inflows, BlackRock’s IBIT just logged its biggest daily outflow ever — $430.8M on May 30.
📉 Total U.S. spot $BTC ETFs saw $616M in outflows that day, ending a 10-day green streak.
📊 BlackRock still holds nearly $70B in #BTC since launching in Jan 2024.
🤯 Analysts call it a major shift, but insiders say it's a “supply transfer to strong hands,” not panic.
₿ BTC price? Still lagging at $103.7K, despite $6.2B #ETF inflows in May.