BlackRock's IBIT saw a record single-day outflow of $523 million.
BlackRock's IBIT recorded the largest single-day net outflow since its establishment in January 2024 on Tuesday. IBIT experienced a capital outflow of 523.15 million USD yesterday, surpassing the previous record of 463 million USD set on November 14. The ETF has seen net outflows for five consecutive days, totaling 1.43 billion USD. As the world's largest spot Bitcoin ETF (with net assets of 72.76 billion USD), IBIT has been in a trend of capital outflows since late October.
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