By Isaac • November 3, 2026 11:16 am •
The institutional bid behind Bitcoin just hit another rough patch.
BlackRock’s iShares Bitcoin Trust, better known as IBIT, recorded $405.3 million in net outflows on Monday. That was the fund’s largest daily exit since June 26, according to data reported by Cointelegraph.
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The headline number is even more striking because the broader U.S. spot Bitcoin ETF group lost $398.6 million on the day. In other words, IBIT’s redemptions were larger than the category’s total loss because Fidelity’s Wise Origin Bitcoin Fund managed to attract $6.7 million while the rest of the lineup was essentially flat.
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦$ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻) – 2026-11-02
TOTAL NET FLOW: -398.6
IBIT: -405.3
FBTC: 6.7
BITB: 0
ARKB: 0
BTCO: 0
EZBC: 0
BRRR: 0
HODL: 0
BTCW:
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