The net inflow record of BlackRock's IBIT Bitcoin Spot ETF has ended after 34 consecutive days, with a single-day outflow of $430 million.

[BlackRock’s IBIT Bitcoin Spot ETF ends 34-day net inflow record, with a single-day outflow of $430 million] BlackRock’s IBIT is the world’s largest Bitcoin Spot ETF, which saw an outflow of $430 million on Friday, ending the previous 34-day net inflow record (of which 3 days had zero inflow). During the same period, the overall net outflow of all Bitcoin Spot ETFs in the US stock market reached $616 million, marking the largest single-day outflow since February 26, as BTC prices fell approximately 4% over five days. Despite capital outflows, IBIT’s market dominance remains solid, with assets under management reaching 69.2 billion USD, approximately 3.3 times that of the second place Fidelity’s FBTC (20.8 billion USD). As of now, IBIT accounts for 3.33% of the total circulating Bitcoin supply, far exceeding FBTC’s 1%. Data shows that IBIT maintains around 80% of the trading volume among all Bitcoin ETFs. Bloomberg ETF analyst Eric Balchunas pointed out that IBIT recently accounted for “over 100%” of all fund inflows, indicating that the recent market is driven more by institutions rather than retail enthusiasm. ETF Store president Nate Geraci commented, “In less than 17 months, IBIT assets are nearing $70 billion, which is simply incredible.”