News report ₿ Crypto 🌍 United States

BlackRock IBIT Sees $1.66B Outflows Over Seven Consecutive Trading Sessions

BlackRock’s IBIT ETF extended its outflow streak to seven days with $213 million in withdrawals Monday, contributing to a $1.66 billion total since Oct. 30, while Ether ETFs saw $185 million in outflows.

🕐 1 min read

2 assets impacted (Etf, Crypto). Net bias: 0 Bullish, 2 Bearish, 0 Neutral. Strongest signal: IBIT ↓ 5/10 (70% confidence).

📊 Affected Assets (2)

IBIT
Bearish 🤖 70%
📅 Short-term 🌍 US · Explicit

IBIT, the largest US spot Bitcoin ETF by assets, posted $213 million in outflows on Monday, its seventh consecutive day of withdrawals, for a cumulative $1.66 billion since Oct. 30. Persistent redemptions of this size signal fading investor demand for the fund. Monday's pace slowed from Friday's $412 million for the broader group, suggesting possible stabilization.

Catalysts
  • ▼ $213 million outflow on Monday
  • ▼ Seventh straight session of withdrawals
Risk Factors
  • ▲ Broader ETF outflow pace slowed Monday versus Friday
  • ▲ Market sentiment improving with Fear & Greed at 32
ETH
Bearish 🤖 65%
📅 Short-term 🌍 GLOBAL · Explicit

US spot Ether ETFs saw roughly $185 million in outflows on Monday, their largest daily withdrawals since Oct. 6, indicating accelerating institutional selling of Ether products. Rising redemptions add sell-side pressure on ETH in the near term. Broader crypto sentiment showed slight improvement, which may cushion the effect.

Catalysts
  • ▼ $185 million in spot Ether ETF outflows Monday
  • ▼ Largest daily Ether ETF withdrawals since Oct. 6
Risk Factors
  • ▲ Broader crypto sentiment improved, Fear & Greed up to 32 from 29
  • ▲ Bitcoin up slightly over 24 hours, hinting at stabilizing sentiment

🧭 Full analysis of these assets

🎯 Key Takeaways

  • BlackRock’s IBIT recorded $213 million in outflows on Monday, extending a seven-day streak to $1.66 billion.
  • US spot Ether ETFs saw $185 million in outflows on Monday, the largest daily withdrawal since Oct. 6.
  • The broader US spot Bitcoin ETF market shed $201 million on Monday, despite $22 million in inflows to the Morgan Stanley Bitcoin Trust.
  • The Crypto Fear & Greed Index rose to 32 from 29, though it remains in 'Fear' territory.

📝 Executive Summary

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $213 million in outflows on Monday, marking seven straight days of withdrawals totaling $1.66 billion since Oct. 30. Meanwhile, US spot Ether ETFs faced their largest daily withdrawals since Oct. 6, with outflows reaching $185 million as broader crypto market sentiment remains in 'Fear' territory.

❓ FAQ

IBIT · How much has IBIT lost in the current outflow streak?

Seven consecutive sessions of withdrawals have totaled $1.66 billion since Oct. 30, including $213 million on Monday.

ETH · How did Ether ETF flows change on Monday?

Outflows accelerated to roughly $185 million, the largest daily withdrawal since Oct. 6.