Historic Outflow Wave in BlackRock's Bitcoin ETF

Heavy Outflows for BlackRock's Bitcoin ETF

BlackRock's Bitcoin Exchange-Traded Fund (ETF) has experienced over $2.7 billion in outflows in the last five weeks. This represents the largest wave of outflows since the ETF's launch.

iShares Bitcoin Trust is facing outflows for the sixth consecutive week. This situation reflects a broader shift in positions within the cryptocurrency market since the market downturn in October.

Although Bitcoin has returned to a level close to $92,000, institutional flows remain negative. This indicates a cooling off in new investment collaborations, but it does not signal a structural exit.