BlackRock IBIT Outflows Hit $1.66B Over Seven Sessions
Summary
US spot Bitcoin ETFs recorded $201 million in net outflows on Monday, bringing year-to-date withdrawals to about $1.1 billion. BlackRock’s IBIT saw $213 million leave, extending its outflow streak to seven sessions and cumulative withdrawals since October 30 to $1.66 billion. Morgan Stanley’s Bitcoin ETF took in $22 million, partially offsetting losses. Spot Ethereum ETFs saw about $185 million in outflows, their largest daily withdrawals since early October. Bitcoin traded around $74,200–$74,600, down 2–3% over the prior week. Analysts cited macroeconomic uncertainty and weaker risk appetite as possible contributors, while noting that fund flows differ and some investors may be rotating between products.
