IBIT's daily outflow reaches 440 million, are institutions also retreating?

IBIT-1.92%
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CoinNetwork
CryptoWorld News reports that on June 1st, the total net outflow of Bitcoin ETFs was $483.76 million, including Blackstone's IBIT with a net outflow of $440.29 million, Fidelity's FBTC with a net outflow of $37.29 million, ARK's ARKB with a net outflow of $12.32 million, and Morgan Stanley's MSBT with a net inflow of $6.14 million. The remaining ETFs had zero inflow.
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