BlackRock’s IBIT recorded a single-day net outflow of $527.8 million, marking the second-largest outflow since its inception

According to SoSoValue data, US spot Bitcoin ETFs recorded a net outflow of $733.4 million on Wednesday, the largest single-day capital outflow since January 29.

Among them, BlackRock's IBIT posted a single-day net outflow of $527.8 million, the second-largest daily outflow since the ETF's launch.