BlackRock’s IBIT accounts for all $65.4 million in Bitcoin ETF outflows on October 12

U.S. spot Bitcoin ETFs saw $65.4 million in net outflows on October 12, with BlackRock’s IBIT accounting for the entire amount. The withdrawals were concentrated in a single fund rather than spread across the ETF market, indicating fund-specific selling rather than broad-based outflows. This points to a short-term demand setback, though one day of flows does not establish a sustained trend.