BlackRock Bitcoin ETF Sees Fifth Consecutive Week of Outflows, Totaling Over $2.70B

律动Dec 5, 2025
On December 5, according to data compiled by Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) experienced its longest weekly outflow since its launch in January 2024, with investors withdrawing over $2.7 billion from the ETF over five consecutive weeks ending 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 inflow mechanism that previously supported prices, reflecting cooling new capital allocation toward the asset.

[BlockBeats]

Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

BlackRock Bitcoin ETF Sees Fifth Consecutive Week of Outflows, Totaling Over $2.70B

律动Dec 5, 2025
On December 5, according to data compiled by Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) experienced its longest weekly outflow since its launch in January 2024, with investors withdrawing over $2.7 billion from the ETF over five consecutive weeks ending 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 inflow mechanism that previously supported prices, reflecting cooling new capital allocation toward the asset.

[BlockBeats]

Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors