Not to mention today, the performance of the BTC spot ETF last Friday wasn’t great. After just two days of net inflows, BlackRock saw net outflows again on Friday, and the outflow volume ranked first. Looking at a lot of data, BlackRock’s IBIT has seen significant funds flowing out into U.S. stocks during this period. But even so, BlackRock still holds 776,475 Bitcoins, and IBIT remains BlackRock’s main source of revenue right now. Overall, although the price trend isn’t looking good, only a small portion of people are actually willing to sell from the ETF. Most ETF investors hold on a yearly cycle, so in most cases, ETFs have very limited impact on spot prices. Bitget VIP, lower fees, crazier perks.