BlackRock IBIT sees $219 million outflow... Second largest in history

JOON HYOUNG LEE

Summary

BlackRock's Bitcoin spot ETF saw a net outflow of $219 million.
This is the second largest outflow in history, cautioning investors.
In contrast, a total of $210 million was net inflowed into all U.S. Bitcoin spot ETFs.

Over $200 million has been withdrawn from BlackRock's Bitcoin (BTC) spot Exchange Traded Fund (ETF).

According to the X account of Trader T, which tracks U.S. virtual asset fund flows, $219 million (approximately 320 billion won) was withdrawn from BlackRock's spot ETF, IBIT, on the 14th. This is the second largest outflow in history.

On the same day, a total of $210 million was net inflowed into all U.S. Bitcoin spot ETFs. Specifically, $10.2 million was net inflowed into WisdomTree's BTCW, and $5.5 million into VanEck's HODL. Meanwhile, $8.9 million was net outflowed from Bitwise's BITB.

BTC