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IBIT's Record Outflow & the Collapse of the Institutional Bid
Audio is available on Spreaker — see link below.
BlackRock's IBIT just posted its second-largest daily outflow on record — $528M in a single session, part of an eight-day streak that signals the institutional bid driving Bitcoin's 2025 rally has stalled. This episode breaks down ETF exodus scale, on-chain demand collapse, and the macro shock that weaponized an already fragile structure.
Audio is available on Spreaker — see link below.
BlackRock's IBIT just posted its second-largest daily outflow on record. Five hundred and twenty-eight million dollars out, in a single session.
Combined U.S. spot Bitcoin ETFs lost over seven hundred and thirty million dollars on May twenty-seventh. Since May fourteenth, more than two billion dollars has exited the complex.
The timing of May twenty-seventh matters. U.S. airstrikes near the Strait of Hormuz reignited Middle East conflict fears that same session, triggering a broad risk-off move.
The on-chain data firms that picture up. Whale balances, year-over-year, are in negative territory.
One more structural note worth tracking. Binance funding rates returned to positive territory, meaning traders are adding long exposure through leverage.
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