U.S. Bitcoin Spot ETF saw a significant outflow of nearly $400 million yesterday, with BlackRock and Fidelity leading the decline.

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【BlockBeats】The US Bitcoin spot ETF market experienced significant capital outflows yesterday. According to monitoring data, the net outflow for the day reached $398 million, with actions from major institutional players attracting the most attention.

BlackRock’s IBIT fund led the decline, with a net outflow of $193.3 million. As the industry’s largest Bitcoin ETF product, its movements often indicate the direction of large institutional funds. Following closely is Fidelity’s FBTC, with an outflow of $120.5 million. Grayscale’s series of products also saw notable withdrawals, with GBTC outflowing $73.1 million and the Mini BTC product outflowing $7.2 million. ARK’s ARKB was also not spared, with a net outflow of $9.6 million.

However, not all products are bleeding. Bitwise’s BITB and WisdomTree’s BTCW showed relative resilience, recording net inflows of $3 million and $1.9 million respectively, indicating that some funds are still entering on dips amid significant adjustments. Overall, institutional investors’ attitudes toward Bitcoin spot ETFs have become polarized.

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BottomMisservip
· 01-11 19:56
BlackRock is about to run... It seems institutions are starting to panic as well, damn it, it's been knocked down again.
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MEVHunterWangvip
· 01-11 08:27
BlackRock is selling again? This pace... It feels like major institutions are all liquidating. Could this be a sign of a sharp decline?
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Gm_Gn_Merchantvip
· 01-11 00:39
What is going on with the collective run of big institutions... Is BlackRock trying to dump the market or what?
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airdrop_huntressvip
· 01-09 05:22
BlackRock is running, I see a trap.
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StableCoinKarenvip
· 01-09 05:22
BlackRock's big retreat is quite aggressive, nearly 200 million just says run... Could it be that they've realized BTC is about to cool off? Or are they waiting for a lower price to buy in?
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ThreeHornBlastsvip
· 01-09 05:22
BlackRock is starting to run? This doesn't seem right. Large institutions usually don't do things like this... Are they planning a major move?
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SchrodingerPrivateKeyvip
· 01-09 05:21
Is the black swan coming again? This move by the big institutions looks like they are trying to crash the market.
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OnChainSleuthvip
· 01-09 05:12
Is the black swan coming again? Are these big institutions clearing out or just testing the waters before bottom fishing?
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FloorPriceWatchervip
· 01-09 04:55
Blackstone is running? Now I have to think whether it's truly bearish or just a shakeout...
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