CryptoMedium•7 November 2026•
1 min read
BlackRock Bitcoin ETF IBIT Records $1.21 Billion in Net Outflows
Key Facts
1BlackRock's IBIT fund recorded net outflows of $1.21 billion between November 2 and November 6.
2The outflows represent approximately 2% of the fund's $60.7 billion in net assets.
BlackRock's IBIT fund recorded net outflows of $1.21 billion between November 2 and November 6, 2026. Coindoo reported that these withdrawals represent approximately 2% of the fund's $60.7 billion in total net assets. This significant movement from the market leader occurred while the rest of the spot Bitcoin ETF market remained relatively stable.
BlackRock stock, trading under the ticker BLK, closed at $1,178.87 on November 6, 2026. The massive withdrawal from IBIT stood in contrast to the broader U.S. Bitcoin ETF market, which saw only marginal net outflows of $72.2 million during the same five-day timeframe.