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

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

Among them, BlackRock’s IBIT saw a single-day net outflow of $527.8 million, the second-largest single-day outflow since the ETF’s listing.