Record Bitcoin ETF Outflow Raises Questions About Long-Term Crypto Future

BlackRock’s iShares Bitcoin Trust (IBIT) saw the biggest single-day net outflow ever, exceeding $523 million. This follows a five-day streak of withdrawals totaling $1.43 billion, raising concerns about institutional commitment to Bitcoin. Analysts suggest this isn’t outright selling, but rather cautious risk management as uncertainty persists. The market awaits clarity on the future direction of Bitcoin and potential regulatory changes from the U.S. government. 50% chance of a Fed rate cut is driving investors to protect assets rather than invest more.