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Within the total market cap of 64 billion, 500 million is shaken off; BlackRock's Bitcoin ETF's resilience is stronger than expected.
This wave of outflows was mainly due to a large block trade on Tuesday, which led to a "step back" (correction) phase.
However, analysts noted that IBIT has still accumulated a net inflow of $2 billion this year, ranking in the top 2% of all market ETFs.
Its total historical inflow has reached $64 billion, and this outflow accounts for less than 1% of the total historical inflow.