BlackRock's IBIT Bitcoin ETF Outflows Reach $2B Over Nine Sessions
Key Facts
BlackRock's IBIT fund recorded total net outflows of $2 billion over nine consecutive trading sessions. Cointelegraph reported that US spot Bitcoin ETF outflows rose to nearly $300 million on Wednesday, increasing from $95 million the previous day.
BLK closed at $1226.31 on November 11, 2026, with the stock trading between a high of $1236.93 and a low of $1220.95 during that session. The milestone in fund withdrawals reflects sustained institutional selling pressure within the broader cryptocurrency market.
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Update: BlackRock's IBIT fund saw $269.73 million in outflows during the November 11, 2026 session alone. This specific figure brings the total net withdrawals from the fund to over $2 billion since the current streak began on October 30, 2026.