“Bitcoin ETFs See $411.9M Outflow as BlackRock’s IBIT Leads Sell-Off” — what this page in the network covers. US spot Bitcoin exchange-traded funds experienced a net outflow of $411.9 million on November 6, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) was responsible for the bulk of the selling, with $403 million in outflows. This marks a significant reversal for the fu This marks a significant reversal for the fund, which had been a major driver of inflows into the crypto ETF market.
The outflows come amid broader volatility in digital asset prices, as investors reassess risk exposure following recent market swings. Other Bitcoin ETFs saw mixed flows, but none came close to offsetting the redemptions from BlackRock’s product. The data underscores how quickly sentiment can shift in the crypto space, with institutional products amplifying both gains and losses. This listing links straight to the original page, where the content is available in full.