๐๐ BlackRock Bitcoin ETF Sees $1.66B in Outflows!
๐ธ BlackRockโs Bitcoin ETF (IBIT) recorded seven consecutive days of withdrawals, totaling approximately $1.66 billion from October 30 to November 9, 2026.
๐ Key Details:
Nov 9 outflows: $213.2 million.
US spot Bitcoin ETFs lost around $2.13 billion over seven sessions.
Morgan Stanleyโs Bitcoin ETF saw $22.1 million in inflows.
Bitcoin traded near $74,600.
โ ๏ธ Continued outflows suggest weaker demand through traditional investment funds, but they don't guarantee further Bitcoin price declines.
๐ Investors are watching for a recovery in institutional demand.
#Bitcoin ๐ #BlackRock ๐ฆ #IBIT ๐ #BitcoinETF ๐ฐ #ETFOutflows ๐ป #InstitutionalInvestors ๐ #CryptoInvesting ๐ธ
$BTC
๐ธ BlackRockโs Bitcoin ETF (IBIT) recorded seven consecutive days of withdrawals, totaling approximately $1.66 billion from October 30 to November 9, 2026.
๐ Key Details:
Nov 9 outflows: $213.2 million.
US spot Bitcoin ETFs lost around $2.13 billion over seven sessions.
Morgan Stanleyโs Bitcoin ETF saw $22.1 million in inflows.
Bitcoin traded near $74,600.
โ ๏ธ Continued outflows suggest weaker demand through traditional investment funds, but they don't guarantee further Bitcoin price declines.
๐ Investors are watching for a recovery in institutional demand.
#Bitcoin ๐ #BlackRock ๐ฆ #IBIT ๐ #BitcoinETF ๐ฐ #ETFOutflows ๐ป #InstitutionalInvestors ๐ #CryptoInvesting ๐ธ
$BTC
