After maintaining a consistent inflow streak for over a month, BlackRock’s iShares Bitcoin Trust (IBIT) has recorded its largest-ever daily outflow — approximately $418 million. This marks the first break in its 34-day run of uninterrupted net inflows, raising eyebrows across the crypto and traditional finance sectors alike.
The shift comes amid increased volatility in the crypto markets, with Bitcoin recently pulling back to around $82,000. While some interpret the outflows as profit-taking after Bitcoin's extended rally, others see it as a potential sign of short-term caution among institutional investors.
Despite this sharp outflow, IBIT still holds a dominant position among U.S.-listed Bitcoin ETFs, managing over $51 billion in assets and continuing to lead trading volumes in its category.
The question now is whether this is a temporary shakeout or the beginning of a broader trend. Investors will be watching closely to see if inflows resume — or if the tide is turning.
