IBIT's single-day net outflow is 136 million, but the total still remains at a high level of 65.7 billion; institutions are adjusting their positions, not fleeing.

IBIT-2.17%
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Bitcoin spot ETF had a total net outflow of $290 million yesterday, with none of the twelve ETFs experiencing net inflows.
According to SoSoValue, yesterday Bitcoin spot ETF had a total net outflow of $290 million, with the largest outflow coming from BlackRock IBIT, at $136 million. IBIT has a cumulative net inflow of $65.78B; ARK/21Shares ARKB had a single-day net outflow of $52.4817 million, with a cumulative net inflow of $138.9 million. The total net asset value is $104.29B, with a net asset ratio of 6.58%, and a historical cumulative net inflow of $58.34 billion.
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