BlackRock’s Bitcoin ETF Posts Record Single-Day Outflows | Global News Avenue

BlackRock’s iShares Bitcoin Trust (it will goIt experienced its largest single-day net outflows on Thursday, with investors withdrawing as much as $332.6 million, according to data from Farside Investors.

IBIT is the largest of all Bitcoin ETFs, with net assets of approximately $54 billion. The record outflow comes amid Strong performance in 2024when IBIT accumulated over $37 billion in inflows and helped push Bitcoin to December hits all-time high, breaking $108,000.

Thursday was the third consecutive day of outflows from IBIT, with outflows totaling nearly $393 million this week.

Bloomberg ETF analyst Eric Balchunas doesn’t necessarily view the activity as a bearish indicator. Balchunas posted on

Other Bitcoin ETFs saw small inflows on their first day of trading in 2025; however, these flows were far from enough to make up for IBIT’s outflows.

For example, IBIT competitors Bitwise’s BITB and Fidelity’s FBTC reported inflows of $48 million and $36 million, respectively. Ethereum ETFs also underperformed overall, with a total outflow of $77.5 million, according to data from Farside Investors.

Bitcoin is currently priced around $98,000. Some analysts believe crypto assets will rise to All-time high of $180,000 or more in 2025potential nation-state adoption is considered a key metric to watch this year.