According to @FarsideUK, the VanEck Bitcoin ETF recorded a daily outflow of $6.5 million, with 5% of the fund's profits allocated to Bitcoin developers (source: farside.co.uk/btc/). This notable redemption signals reduced investor demand for VanEck's Bitcoin ETF, which could pressure short-term BTC prices. However, the fund's unique profit-sharing mechanism may support long-term Bitcoin ecosystem development, potentially influencing future network stability and market sentiment. Traders should monitor ETF flows as a real-time indicator of institutional appetite and potential Bitcoin price direction.