IBIT news: BlackRock bitcoin ETF sheds $528 million, the second-largest daily outflow on record
The 11 U.S.-listed spot bitcoin ETFs lost $733.43 million, as redemptions forced issuers to sell bitcoin and deepened the price slide.
- On Wednesday, BlackRock's iShares Bitcoin Trust shed $527.84 million, marking the fund's second-largest single-day outflow since its January 2024 launch.
- U.S. airstrikes near the Strait of Hormuz reignited Middle East tensions, pushing Bitcoin below $73,000 on the same day as the selling.
- The broader ETF complex lost $733.43 million on Wednesday, with more than $2 billion withdrawn over the past two weeks as institutional demand weakened.
- To settle investor exits, issuers must sell underlying Bitcoin, creating a feedback loop where forced liquidations push prices lower and trigger further redemptions.
- Future flows depend on whether the geopolitical situation in the Middle East stabilizes, as outflows may reflect tactical de-risking by institutional players awaiting clarity.
19 Articles
19 Articles
BlackRock's IBIT Bitcoin ETF Sees $527 Million Outflow: What Is Going On?
BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) shed $527.84 million on Wednesday, its second-largest single-day outflow, as US airstrikes near the Strait of Hormuz reignited Middle East tensions. All 11 US Spot Bitcoin ETFs Lost $733M In A Single Day The broader ETF complex hemorrhaged $733.43 million on Wednesday alone, with Fidelity’s FBTC (BATS:FBTC) shedding $60.30 million and Grayscale’s GBTC (NYSE:GBTC) losing $104.76 million alongside IB…
IBIT news: BlackRock bitcoin ETF sheds $528 million, the second-largest daily outflow on record
IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.
BlackRock Bitcoin ETF Sees $528 Million Outflow as BTC Holds $73K
BlackRock’s spot Bitcoin (BTC) ETF, iShares Bitcoin Trust ($IBIT), recorded a sharp one-day net outflow of $528 million, marking its second-largest daily redemption since launch and testing the market’s perception of ‘institutional demand’ even as Bitcoin pushed back above the $73,000 level. According to data cited by Wu Blockchain, the outflow came in the prior session and stood out for its size—but not necessarily for what it implies over the …
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Bitcoin Ethereum NewsBlackRock’s IBIT Sees $528M Outflow — Second Largest Ever, But Barely A Ripple
Spot Bitcoin ETFs were supposed to be a one-way street for institutional capital. Tuesday’s tape from BlackRock’s iShares Bitcoin Trust (IBIT) shredded that assumption. The fund registered a $528 million net outflow on May 27, making it the second-largest single-day redemption since the product launched. The number alone sounds alarming — almost half a billion dollars walked out the door in a single session. Yet the deeper ledger tells a differe…
Why Is Bitcoin Falling? BTC Slides in Third Down as BTC Price Prediction Targets 23% Downside
Bitcoin (BTC) traded near $73,300 on Thursday, May 28, 2026, sliding for a third straight session and printing an intraday low close to $72,800 as a $1.3 billion IBIT dark-pool block, a strong dollar, and renewed Middle East tension drained institutional bids. The move extends a pullback from above $82,000 earlier in May. US spot Bitcoin ETFs have now bled more than $2 billion since their last net inflow on May 14, an eight-session outflow strea…
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