CryptoMedium•9 November 2026•
1 min read
BlackRock's IBIT Sees Record $1.21 Billion Weekly Outflows
Key Facts
1BlackRock's IBIT fund saw net outflows of $1.21 billion during the past week.
2These weekly outflows are the largest for Bitcoin ETFs since late June.
BlackRock's IBIT fund saw net outflows of $1.21 billion during the past week. Cointelegraph reported that these weekly outflows are the largest for Bitcoin ETFs since late June, marking a significant shift in institutional positioning.
The sell-off was triggered by Bitcoin falling below the $76,000 level alongside a broader decline in US technology stocks. Shares of BlackRock closed at $1178.87 on November 6, 2026, after trading between a session low of $1155.52 and a high of $1195.19.