BlackRock’s iShares Bitcoin Trust (IBIT) recorded $269.7 million in outflows on November 11, 2026, marking a seventh consecutive session of withdrawals. The fund accounted for most of the roughly $300 million in net outflows recorded that day across all US spot Bitcoin ETFs. Over that stretch, outflows reached approximately $1.66 billion, while the US category posted year-to-date net outflows of around $1.1 billion for the first time since its launch in January 2024. Bitcoin hovered in the $73,000 to $74,000 range, but the flows resulted from client redemptions rather than a BlackRock decision to sell bitcoin. Despite the withdrawals, IBIT still holds about 62% of assets under management in the US spot Bitcoin ETF category and has accumulated approximately $64.8 billion in net inflows since its launch.
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