BlackRock’s IBIT Suffers Record $523M Outflow — Here Is Why ETF Investors Are Pulling Back Fast

BlackRock’s iShares Broad USD Investment Grade Corporate Bond ETF (IBIT) has experienced an unprecedented outflow of $523 million, marking a significant shift in investor sentiment. This dramatic withdrawal is attributed to a combination of factors, including rising interest rates, shifting economic conditions, and a general cooling of investor enthusiasm towards bond ETFs. As a result, many ETF investors are rapidly pulling back, reassessing their strategies and weighing the risks and rewards in the current financial landscape. source: https://blocknews.com/blackrocks-ibit-suffers-record-523m-outflow-here-is-why-etf-investors-are-pulling-back-fast/