BlackRock's IBIT saw net outflows of $1.66 billion over seven consecutive trading days.
Original headline贝莱德 IBIT 连续七个交易日净流出 16.6 亿美元
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BlackRock's spot Bitcoin ETF IBIT recorded net outflows for seven consecutive trading sessions from October 30, totaling $1.66 billion, including roughly $213 million on November 9 alone. On that same day, U.S. spot Bitcoin ETFs collectively saw about $201 million in net outflows, partially offset by approximately $22 million in net inflows into Morgan Stanley's MSBT. The sustained redemption streak at the world's largest Bitcoin ETF signals weakening institutional demand and marks a notable reversal for a fund that had been a consistent inflow leader. Investors will be watching whether IBIT's outflows persist or stabilize in the coming sessions, and whether other issuers' flows can offset the pressure on the broader U.S. spot Bitcoin ETF complex.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
BlackRock (BLK), IBIT, Bitcoin (BTC), Morgan Stanley (MS), MSBT
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