BlackRock’s $40.67 Million Inflow Fails to Offset $124.25 Million in Bitcoin ETF Outflows
Institutional investors pulled $124.25 million from US-listed spot Bitcoin ETFs on April 8. Fidelity’s FBTC led the retreat with $79.12 million in outflows, followed by Ark’s ARKB, which shed $74.7 million and Grayscale’s GBTC, which lost $11.1 million. BlackRock’s IBIT stood alone with $40.67 million in net inflows. The total net outflow indicates more investors are exiting spot Bitcoin ETFs than entering them, as BlackRock's inflow was insufficient to offset the broader selling.
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