IBIT's daily outflow reached 148 million, and institutional funds are clearly waiting for more explicit regulatory signals; the small inflows from Fidelity and Grayscale can't sustain the situation.

Crypto World News reports that the US spot Bitcoin ETF market is seeing a significant cooling in fund flows, with a recent total net outflow of $213.85 million, extending an 18-day outflow streak. BlackRock’s iShares Bitcoin Trust (IBIT) led this outflow, with a single-day net outflow of $148.5 million. Grayscale’s GBTC has also been trimming holdings, with yesterday’s funds recording a net outflow of $87.91 million. Despite this, Fidelity (FBTC) logged a net inflow of $4.04 million, Grayscale Mini (BTC) attracted $17.52 million in new capital, and WisdomTree (BTCW) saw a small inflow of $0.98 million. Institutional capital is shifting toward secondary products, with some funds moving from speculative digital assets to AI-related stocks. Investors are waiting for regulatory clarity to re-commit to Bitcoin.