Spot $BTC ETFs just saw another heavy withdrawal day, with BlackRock’s IBIT leading the outflows at over $325 million.

The timing lines up with rising Treasury yields, geopolitical uncertainty, and BTC cooling near the $79K range after an extended inflow streak.

What’s interesting is that despite the recent pressure, IBIT still holds more than 577,000 BTC with cumulative inflows above $62 billion since launch. That’s why some traders see this less as “institutions exiting” and more as temporary rebalancing during a risk-off environment.

ETF flows continue to be one of the biggest sentiment indicators in the current market cycle.

#Bitcoin #ETF #BlackRock #BingX