Bitcoin ETF withdrawals reached $3.9 billion over 12 consecutive trading days, with BlackRock's IBIT accounting for $388.6 million in the latest session as shifting 2026 rate-cut expectations weighed on risk appetite.
US spot crypto ETFs recorded $609.3 million in combined net outflows in the latest session, led by $388.6 million from BlackRock's IBIT. The withdrawals extended a 12-consecutive-trading-day streak of outflows from Bitcoin ETF products that totaled $3.9 billion. The older report had said more than $3 billion had left Bitcoin funds over the prior 10 days; the newer figure indicates the streak continued and deepened. The reported catalyst was stronger employment data, which pushed expectations for interest-rate cuts later into 2026 and reduced support for risk-sensitive assets such as spot Bitcoin ETFs.