IBIT experienced a net outflow of 3,580 BTC in a single day. Are institutional funds beginning to withdraw or is this normal portfolio adjustment? The trading volume looks alarming, but the actual net outflow ratio isn't too exaggerated. Continue to observe the flow over the next few days.

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CoinNetwork
CoinWorld News reports that BlackRock Bitcoin ETF ($IBIT) had a net outflow of 3,580 Bitcoins on June 5, which is approximately $2.1363 million (USD) based on the current price, with a trading volume of $3.8 billion.
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