BlackRock’s IBIT records $405 million outflow as US Bitcoin ETFs see renewed withdrawals
BlackRock’s iShares Bitcoin Trust (IBIT) experienced its largest single-day withdrawal since June, as US-listed spot Bitcoin ETFs opened November with heavy outflows. According to figures from Farside Investors, the funds saw net outflows totaling $398.6 million on Monday, with BlackRock’s IBIT accounting for $405.3 million of that sum.