IBIT's daily outflow exceeds 500 million, this selling pressure is a bit hard to withstand.

IBIT-2.14%
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BlockBeatNews
Bitcoin ETF recorded a net outflow of $733.4 million yesterday, while Ethereum ETF recorded a net outflow of $67.1 million.
BlockBeats News. May 28, according to monitoring by Farside Investors, Bitcoin ETFs saw a net outflow of $733.4 million yesterday, including a net outflow of $527.8 million for IBIT.



Ethereum ETFs recorded a net outflow of $67.10 million, with ETHA recording a net outflow of $65.10 million.
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