coin-img-ETHETH-1.56%coin-img-BTCBTC-1.83%coin-img-UCNUCN+0.28%coin-img-SOLSOL-3.87%coin-img-XRPXRP-4.24%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE-7.73%coin-img-DOGEDOGE-3.32%coin-img-ETHETH-1.56%coin-img-BTCBTC-1.83%coin-img-UCNUCN+0.28%coin-img-SOLSOL-3.87%coin-img-XRPXRP-4.24%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE-7.73%coin-img-DOGEDOGE-3.32%coin-img-ETHETH-1.56%coin-img-BTCBTC-1.83%coin-img-UCNUCN+0.28%coin-img-SOLSOL-3.87%coin-img-XRPXRP-4.24%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE-7.73%coin-img-DOGEDOGE-3.32%coin-img-ETHETH-1.56%coin-img-BTCBTC-1.83%coin-img-UCNUCN+0.28%coin-img-SOLSOL-3.87%coin-img-XRPXRP-4.24%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE-7.73%coin-img-DOGEDOGE-3.32%

BlackRock Bitcoin ETF Records $2.7B Outflows Over Five Weeks

BlackRock's iShares Bitcoin Trust (IBIT) saw more than $2.7 billion in outflows over the five weeks ending Nov. 28, marking its longest weekly redemption streak since launching in January 2024, Bloomberg data show. The ETF recorded an additional $113 million in outflows through Thursday, extending the run to a potential sixth week. IBIT manages over $71 billion in assets. Blockchain analytics firm Glassnode said the trend marks a reversal from sustained inflows that previously supported price levels.
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