BlackRock's IBIT Bitcoin ETF loses $1.66bn over seven sessions, Cointelegraph reports

Key points

• IBIT has posted seven straight days of net withdrawals since 30 Oct, totalling $1.66bn.
• US spot Bitcoin ETFs shed $201m on Monday, partly offset by $22m into Morgan Stanley's MSBT.
• Year-to-date net withdrawals stand at $1.1bn, against about $25bn of inflows by early November in 2024 and 2025.

BlackRock's IBIT Bitcoin ETF outflows reached $1.66bn across seven consecutive trading sessions, Cointelegraph reports, citing Farside Investors data. The iShares Bitcoin Trust, the largest US spot Bitcoin ETF by assets, lost $213m on 9 November alone.

The wider US spot Bitcoin ETF market shed $201m that day, with $22m of inflows into the Morgan Stanley Bitcoin Trust ETF partly offsetting the losses. By early November in both 2024 and 2025, net inflows had reached roughly $25bn.

Monday's withdrawals were smaller than Friday's $412m, and sentiment showed some improvement. The Crypto Fear & Greed Index rose to 32 from 29 a day earlier and 26 a week before, though it stayed in "Fear" territory, according to Alternative.me. US spot Ether ETFs saw outflows accelerate to about $185m, their largest daily withdrawals since 6 Oct.

Bitcoin traded at about $74,594, down 2.8% over seven days but slightly higher over 24 hours, CoinGecko data showed. Kevin Boeve, a trader and business development executive at Palladium Network, told Cointelegraph that stocks are rising while crypto falls, even after Coinbase's national trust bank charter took effect on 6 November.

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