$BTC ETF bloodbath continues

$IBIT just dumped $405.3M in a single day - second-largest outflow since launch. Institutions are rotating OUT.

Broader picture? All US spot $BTC ETFs bled $398.6M same session. This isn't a one-off - it's a sustained exit pattern.

June 2026 still holds the record for largest single-day dump, driven by a massive institutional block sale.

What this means:
• Smart money reducing exposure
• Macro uncertainty driving rotation
• Liquidity tightening across crypto products

If you're still heavy $BTC exposure via ETFs, watch funding rates and OI closely. When institutions derisk, retail usually follows 2-3 weeks later.

Not FUD. Just data.