According to Wu Blockchain, Bloomberg ETF senior analyst Eric Balchunas posted that BlackRock's iShares Bitcoin ETF (IBIT) saw a net outflow of $528 million yesterday, marking the second-largest single-day outflow since the ETF's inception. This wave of outflows was primarily due to entering a 'step back' (correction) phase following a large block trade on Tuesday. However, analysts noted that IBIT has still accumulated a net inflow of $2 billion this year (ranking in the top 2% of all ETFs), with total historical inflows reaching $64 billion. This recent outflow accounts for less than 1% of total historical inflows. https://www.(wublock123.com)/news/news-61812