US Spot Bitcoin ETFs See $82.39M Net Outflow; BlackRock’s IBIT Leads

The notable detail is the asymmetry: IBIT's single-day outflow is large next to peers, but trivial against its cumulative inflow, so this reads more like routine portfolio rebalancing than a change in conviction. That matters because IBIT's scale makes it the bellwether for how traditional allocators treat bitcoin exposure. The open question is whether the outflow broadens across issuers or stays concentrated in the largest fund; Fidelity's smaller but same-direction move suggests some shared pressure. Watch whether consecutive sessions confirm a trend or a one-off.