BlackRock IBIT Loses $1.7B in 7-Day Outflow Streak

BlackRock IBIT Outflows Extend to Seven Days

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $213 million in net outflows on Monday, marking the seventh consecutive trading session of withdrawals for the fund. The latest outflow brings the total amount pulled from the largest US spot Bitcoin ETF by assets to $1.66 billion since the streak began on Oct. 30.

The broader US spot Bitcoin ETF market also saw capital leave on Monday, with total net outflows reaching $201 million. This figure represents a slowdown compared to the previous day, when US spot Bitcoin ETFs lost $412 million. Despite the continued negative flow, data from Cointelegraph shows US spot Bitcoin ETFs have recorded approximately $1.5 billion in net outflows over the past six trading sessions, bringing year-to-date net withdrawals to $1.1 billion.

Among the various products on the market, not all funds experienced outflows. Morgan Stanley Bitcoin Trust ETF (MSBT) recorded $22 million in net inflows on Monday. The divergence in flows highlights shifting investor preferences among the available exchange-traded products, with capital moving away from the largest funds toward other options.

Market Sentiment and Price Action

Bitcoin traded at approximately $74,594 at the time of publication. The cryptocurrency was down 2.8% over the past seven days, though it posted a slight gain over the previous 24 hours. Market sentiment, as measured by the Crypto Fear & Greed Index, improved to 32 on Monday, up from 29 on the previous day and 26 a week earlier. The index remains in “Fear” territory, indicating cautious positioning among market participants despite the slight uptick in sentiment metrics.

Kevin Boeve, a veteran trader and business development executive at tokenized real estate platform Palladium Network, noted the disconnect between traditional equity markets and digital assets. “Stocks are up while crypto keeps falling, even with the big Coinbase news,” Boeve said. He added, “In the past, news like that would’ve sent crypto flying, but now it barely moves the needle.”

Boeve’s comments reference the recent regulatory milestone for Coinbase, whose US national trust bank charter took effect on Friday. The charter allows the company to hold digital assets on behalf of clients under federal oversight. Despite this development, which was previously expected to be a significant catalyst for the sector, the immediate impact on ETF flows appears limited, with outflows continuing into the following trading day.

Ether ETFs and Historical Context

While Bitcoin ETF flows have been the primary focus, outflows from US spot Ether ETFs accelerated on Monday. Investors pulled roughly $185 million from Ether funds, marking the largest daily withdrawal since Oct. 6. This trend in the Ether market mirrors the broader risk-off sentiment observed in the Bitcoin ETF space, suggesting that capital is leaving the sector broadly rather than rotating between specific assets.

Historical data provides context for the current outflow streak. In early November of both 2024 and 2025, US spot Bitcoin ETFs had roughly $25 billion in net inflows. The current environment, characterized by $1.1 billion in year-to-date net withdrawals, stands in stark contrast to that period of significant institutional and retail accumulation. The shift from billions in inflows to consistent outflows represents a notable change in market dynamics for the asset class.

The seven-day outflow streak for BlackRock’s IBIT underscores a sustained period of capital reallocation. As the fund continues to experience withdrawals, market participants are watching whether the recent improvement in sentiment indicators will translate into a reversal of the outflow trend in the coming sessions. The next few trading days will be critical in determining if the seven-day streak breaks or if the $1.66 billion in withdrawals continues to grow.