BlackRock’s IBIT Sees $300M Outflow As Bitcoin ETF Rebalancing Deepens

TL;DRBlackRock's IBIT recorded a net outflow of $300M on June 29, 2026. Total U.S. spot Bitcoin ETF outflows reached $4.06 billion for the month of June, with IBIT accounting for roughly $3 billion.
The key caveat: Avoid suggesting BlackRock is shutting down its ETF; emphasize that this is institutional rebalancing driven by rising Treasury yields.
For traders, the story matters because it affects how capital, liquidity or confidence is being priced across crypto right now.
What Happened
BlackRo