BlackRock’s iShares Bitcoin Trust (IBIT) recorded $269.7 million in outflows on Wednesday, extending its redemption streak to nine consecutive sessions. U.S. spot bitcoin exchange-traded funds posted a fifth straight day of net outflows, totaling $299.8 million. The 11 funds lost about $1.44 billion over the past five trading sessions, with IBIT accounting for $1.77 billion of November’s outflows. The streak remains below the 13-session record observed from May to June 2026, but IBIT still holds $2.45 billion in net inflows for the year. Bitcoin traded near $72,800 on Thursday after falling roughly 6% over the past week, driven partly by expectations of a Federal Reserve rate hike.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
