Spot Bitcoin ETFs Face Growing Outflows: Analysis Amidst Institutional Uncertainty

Bitcoin’s spot-based exchange traded funds (ETFs) are experiencing a wave of withdrawals, with BlackRock’s IBIT leading the way in outflows. This trend has persisted for six consecutive days, raising concerns about institutional sentiment and market stability. 🎧 📈 The current episode highlights the divergence within the ETF space as BlackRock’s significant outflows contrast with other funds displaying continued investor interest.