12/5/2025
157 words
1 min read
BlackRock’s IBIT Faces Record Outflow Run as Bitcoin Struggles to Reclaim Bull Trend
Overview
BlackRock’s IBIT has experienced significant outflows, with a record $113 million leaving the fund on Thursday. This trend marks the fund’s sixth consecutive week of losses, the longest such streak since its launch in early 2024.
What Happened
On Thursday, IBIT faced a substantial outflow of $113 million. This outflow is notable as it positions the fund for its sixth week of negative performance. This duration of consecutive losses is unprecedented for IBIT since it began trading in early 2024.
Impact on the crypto market
- The record outflows from BlackRock’s IBIT may indicate declining investor confidence in Bitcoin.
- A sustained period of negative performance could lead to further withdrawal from crypto-related funds.
- The effect on institutional investment could impact overall market sentiment and liquidity.
- The situation underscores the challenges facing Bitcoin in regaining a bullish trend.
- Ongoing outflows may influence market dynamics and trading strategies among other investors.
Updated: 12/5/2025, 12:49:51 PM
