Bitcoin ETF Outflows Hit $1.44B as BlackRock’s IBIT Faces Heavy Selling

U.S. spot Bitcoin ETFs posted a fifth straight session of net withdrawals totaling roughly $1.44 billion, with BlackRock’s IBIT absorbing the bulk of the selling pressure. The sustained outflows mark one of the longest redemption streaks for the funds and point to softening institutional demand even as some buyers continue to add exposure. The scale of the withdrawals matters because IBIT had been the dominant destination for ETF inflows since launch, so its reversal carries outsized weight for overall fund flows. Market sentiment has turned fearful alongside the redemptions, though the article notes that fear alone does not confirm a broader trend shift. Next, watch whether the streak extends past five days and whether IBIT redemptions ease or spread to other issuers.