BlackRock’s IBIT Bitcoin ETF records seven-week outflow streak

The fund logged its longest stretch of weekly withdrawals, marking a notable shift in flows for one of the largest spot Bitcoin ETFs.

Summary

BlackRock’s IBIT Bitcoin ETF posted its longest outflow streak on record, with seven straight weeks of withdrawals. The move stands out because IBIT has been one of the most closely watched spot Bitcoin ETFs, and sustained outflows can signal weaker investor demand or broader risk-off positioning in crypto-linked investment products.

Terms & Concepts
  • spot Bitcoin ETF: Fund that directly holds Bitcoin
  • outflow streak: Consecutive period of net investor withdrawals