The data from December 3rd, Eastern Time, is quite interesting—spot Bitcoin ETFs ended their five-day streak of net inflows, with a single-day net outflow of nearly $14.9 million.

However, there is divergence in capital movement. BlackRock's IBIT remains strong, attracting over $42.2 million in a single day and continuing to lead in capital inflows. Since its launch, this product has seen a cumulative net inflow surpassing $6.26 billion, firmly holding its top position.

Short-term outflows do not change the long-term trend. The shift from five consecutive days of inflows to a single day of outflow could indicate that some investors are taking profits at higher levels, or that institutions are rebalancing their portfolios. However, the siphoning effect of leading products is clear—money continues to flow toward places with greater certainty.