iShares Bitcoin Trust Records Largest Single-Day Outflow, Signaling Institutional Adjustment

A significant outflow of $523 million from the iShares Bitcoin Trust (IBIT), managed by BlackRock, signals a trend of institutional investors adjusting their crypto portfolios in response to recent declines in Bitcoin’s price. This substantial withdrawal marks the largest single-day net outflow since the trust was launched and follows a period of consistent withdrawals over five days totaling $1.43 billion. While these withdrawals raise concerns about market stability, experts suggest that investors are rather rebalancing their exposure than completely divesting from Bitcoin.