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BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions
BlackRock's iShares Bitcoin Trust recorded $213 million in withdrawals Monday, its seventh consecutive day of outflows. Since Oct. 30, withdrawals from the fund reached $1.66 billion. The broader US spot Bitcoin ETF market lost $201 million net that day, partly offset by $22 million entering Morgan Stanley's fund.
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What happened
BlackRock’s iShares Bitcoin Trust recorded $213 million in withdrawals Monday, its seventh consecutive day of outflows. Since Oct. 30, withdrawals from the fund reached $1.66 billion. The broader US spot Bitcoin ETF market lost $201 million net that day, partly offset by $22 million entering Morgan Stanley’s fund.
Confirmed
Global impact / market context
Persistent withdrawals mean these funds are returning more money to investors than they are taking in, reducing a direct channel of demand for Bitcoin. If the pattern continues, fund managers may need to sell or transfer holdings, potentially adding pressure to Bitcoin-related revenue and investor positioning.
Analyst inference
Monday’s withdrawals slowed from Friday’s $412 million, while the Fear & Greed Index rose to 32 from 29, signaling improvement but remaining in “Fear” territory. This mixed picture suggests selling pressure eased, but the article does not show that demand has recovered.
Confirmed
What to watch
- Check whether BlackRock’s fund records another day of withdrawals; a continued streak would extend the reported $1.66 billion total since Oct. 30. Analyst inference
- Compare daily net flows across US spot Bitcoin ETFs, including Morgan Stanley’s fund, to see whether its $22 million inflow continues offsetting withdrawals elsewhere. Analyst inference
- Watch whether the Fear & Greed Index moves beyond “Fear” territory; the article reports a reading of 32 on Monday, up from 29. Confirmed
Affected assets
- BTC — Bitcoin