๐ Bitcoin ETFs Snap $2.7B Outflow Streak โ BlackRock IBIT Drops $209M in One Day
Spot Bitcoin ETFs just ended a brutal 10-day, $2.73 billion outflow streak with a massive reversal โ pulling in over $510M across just three sessions in early July. BlackRock's IBIT led the charge with $209M in a single day on July 6, accounting for more than half of all BTC ETF flows that day. The fund now holds ~$46.5B in net assets, and BTC is trading around $63,766 today as institutional buyers return to the market. Is this the start of a sustained ETF-driven rally, or just a short-term bounce? Not financial advice.
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