BlackRock's IBIT Bitcoin Spot ETF Ends 34-Day Net Inflow Streak with a Single-Day Outflow of $430 Million

According to a report by Jinse Finance, BlackRock's IBIT, the world's largest Bitcoin spot ETF, experienced an outflow of $430 million on Friday, ending a previous record of 34 consecutive days of net inflows (with three days of zero inflows). During the same period, the total net outflow of all Bitcoin spot ETFs in the US stock market reached $616 million, marking the largest single-day outflow since February 26, against the backdrop of a roughly 4% drop in BTC prices over five days. Despite the outflow, IBIT's market dominance remains solid, with assets under management reaching $69.2 billion, approximately 3.3 times that of the second-place Fidelity's FBTC ($20.8 billion). Currently, IBIT accounts for 3.33% of the total Bitcoin circulation, far surpassing FBTC's 1%. Data shows that IBIT maintains about 80% of the trading volume among all Bitcoin ETFs. Bloomberg ETF analyst Eric Balchunas pointed out that IBIT recently accounted for "over 100%" of all fund inflows, indicating that the recent market is more driven by institutions rather than retail enthusiasm. ETF Store President Nate Geraci commented, "In less than 17 months, IBIT's assets are approaching $70 billion, which is simply incredible."