BlackRock's IBIT Bitcoin spot ETF continues to experience significant outflows, contributing to a sixth consecutive day of net outflows for US BTC ETFs overall. On May 5th, a net outflow of $135.94 million USD was recorded across all BTC ETFs. While several ETFs, including Fidelity's FBTC ($113.30 million), Ark Invest's ARKB ($82.94 million), Bitwise's BITB ($16.97 million), VanEck's HODL ($3.68 million), and Grayscale's Mini BTC ($21.61 million), saw positive inflows, BlackRock's IBIT single-handedly offset these gains. IBIT's outflows have been steadily increasing, from -$90.48 million on April 29th to -$374.44 million on May 5th. This trend raises concerns about investor sentiment towards BlackRock's Bitcoin offering and its potential impact on the overall Bitcoin market. Market analysts are closely monitoring the situation to understand the underlying reasons for these outflows and their potential future implications. ```