Bitcoin ETF Sees Record $430M Outflow

BlackRock’s iShares Bitcoin Trust Sees Record $430 Million Outflow

• BlackRock’s iShares Bitcoin Trust experienced a single-day outflow of over $430 million.
• Total outflows for US-listed spot Bitcoin ETFs amounted to $616 million amid a price decline.
• The IBIT fund has attracted approximately $48 billion in new capital since launch.
• Assets under management for IBIT are nearing $70 billion despite recent outflows.
• Other significant ETF outflows included Ark Invest’s ARKB at $120 million and Bitwise’s BITB at $35 million.

US-listed spot Bitcoin ETFs saw a total of $616 million in outflows, with BlackRock’s iShares Bitcoin Trust alone accounting for over $430 million, marking its largest single-day withdrawal. Despite this, the IBIT fund remains dominant in the global market with nearly $70 billion in assets under management.