Bitcoin ETF Inflow Ends After 7 Days; Most Outflows Concentrate in BlackRock's IBIT

Bitcoin spot ETFs recorded a $225 million outflow, ending a 7-day inflow streak. Most of the outflow came from BlackRock's IBIT, which saw a $220 million outflow—accounting for 89.96% of total ETF outflows. Other five funds lost $27.6 million, while GBTC gained $5 million. Net outflows excluding IBIT totaled $22.6 million. This shift followed a 7-day inflow period with $999 million in cumulative inflows, with Tuesday's outflow reversing 22.5% of that. However, recent 8-day net inflows remain positive at $774 million. The focus on IBIT's outflow—nearly nine times greater than other products' combined outflows—highlights its significance. The key will be whether the reversal continues; repeated outflows could reduce earlier inflows, while renewed inflows might indicate a one-day reversal.