BlackRock's Bitcoin ETF sees outflows for five consecutive weeks, totaling over $2.70 billion
OdailyDec 5, 2025According to data compiled by Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) experienced its longest single-week outflow since its launch in January 2024, with investors withdrawing over $2.7 billion from the ETF over the five weeks through November 28.As of Thursday, the ETF faced another $113 million in redemptions, putting it on track for a sixth consecutive week of net outflows. IBIT currently has over $71 billion in assets under management.Blockchain analytics firm Glassnode said this trend marks a clear reversal from the sustained inflows that previously supported prices, reflecting cooling new capital allocation toward the asset. Bitcoin is currently trading at around $92,000, down 27% from its October peak.[Odaily]
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BlackRock's Bitcoin ETF sees outflows for five consecutive weeks, totaling over $2.70 billion
OdailyDec 5, 2025According to data compiled by Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) experienced its longest single-week outflow since its launch in January 2024, with investors withdrawing over $2.7 billion from the ETF over the five weeks through November 28.As of Thursday, the ETF faced another $113 million in redemptions, putting it on track for a sixth consecutive week of net outflows. IBIT currently has over $71 billion in assets under management.Blockchain analytics firm Glassnode said this trend marks a clear reversal from the sustained inflows that previously supported prices, reflecting cooling new capital allocation toward the asset. Bitcoin is currently trading at around $92,000, down 27% from its October peak.[Odaily]
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