IBIT $105 million net outflow, different from Bitcoin selling amount
Original headlineIBIT 1억500만달러 순유출, 비트코인 매도액과는 달라
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BlackRock's iShares Bitcoin Trust (IBIT) recorded a $105 million net outflow on November 5, representing roughly 24% of the $430.2 million in net outflows across U.S. spot Bitcoin ETFs that day, according to Farside Investors data. Fidelity's FBTC led redemptions at $199.9 million, followed by Grayscale's GBTC at $49.9 million and Franklin's EZBC at $32.9 million. The outflows contrast with the scale of Bitcoin selling, suggesting ETF redemptions are not a direct proxy for spot market pressure. Investors will watch whether the outflow trend continues across the 12 tracked products and whether IBIT, the largest spot Bitcoin ETF, returns to inflows in the sessions ahead.
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Named in this story
iShares Bitcoin Trust (IBIT), BlackRock (BLK), Bitcoin (BTC), Fidelity FBTC, Grayscale GBTC, Franklin EZBC, Farside Investors
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