📌 Daily Market Brief — Bitcoin ETFs
Bitcoin spot ETFs recorded $158M in net outflows, driven primarily by BlackRock’s IBIT (-$174M). Despite the single-day drawdown, IBIT remains structurally strong with $62.5B in cumulative inflows, keeping the move in perspective.
On the other side, Fidelity’s FBTC absorbed $15.3M, standing out as the only major ETF on the bid — a clear sign of capital rotation rather than broad risk-off behavior.
💡 Key Insight:
With $114.9B still allocated to BTC ETFs, institutional capital is not exiting Bitcoin. Instead, it appears to be selectively repositioning exposure amid evolving market conditions.
📊 Market Takeaway:
This flow divergence highlights strategic allocation shifts — not panic selling.
#BTC #Bitcoin #CryptoETF #MarketBrief #InstitutionalFlows 📈
