BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows
By Micah Zimmerman
AI summary of the source article
BlackRock's iShares Bitcoin Trust shed about $2 billion over nine consecutive sessions of redemptions. The broader group of 11 U.S. spot bitcoin ETFs has also seen net outflows of approximately $1.88 billion in November.
Key facts
- IBIT lost $269.7 million on Wednesday, marking its ninth consecutive session of redemptions and bringing nine-session losses to roughly $2 billion.
- IBIT accounts for about $1.77 billion, or roughly 94%, of total U.S. spot bitcoin ETF outflows in November.
- U.S. spot bitcoin ETFs are down about $1.42 billion in net flows for the year, erasing earlier 2026 net inflows.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows U.S. spot bitcoin ETFs lost $299.8 million on Wednesday, their fifth straight day of outflows, with BlackRock's IBIT accounting for $269.7 million and about 94% of November's withdrawals. This post BlackRock’s IBIT Bleeds $2 Billion in Nine Straight Days of Outflows first appeared on Bitcoin Magazine and is writt…