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BlackRock’s IBIT Accounts for $1.21 Billion of Bitcoin ETF Outflows

SoSoValue put cumulative net inflows at $55.7 billion, while Fidelity’s FBTC gained $93.1 million for the week.

Updated 1 min read
Commuters pass the glass office tower at Hudson Yards in New York. / TokenPost.ai
Commuters pass the glass office tower at Hudson Yards in New York. / TokenPost.ai

Investors pulled a net $1.28 billion from U.S. spot Bitcoin (BTC) exchange-traded funds from Nov. 2-6, with BlackRock’s IBIT responsible for most of the decline and leaving the group’s 2026 net flows below zero.

IBIT accounted for $1.21 billion in net withdrawals. FBTC gained $93.1 million, while GBTC’s weekly flow was negative by $61 million.

SoSoValue put the funds’ net assets at $95.9 billion, or 6.28% of Bitcoin’s market value. It put cumulative group inflows at $55.7 billion. Net outflows mean more money left the funds than entered during the period.

Through the reporting period, IBIT’s net inflow tally stood at $65.1 billion, compared with $10.27 billion for FBTC. GBTC’s cumulative flow balance remained $28.11 billion below zero.

The weekly withdrawal left 2026 net flows for the 12 U.S. spot Bitcoin ETFs at negative $914.1 million; EconoTimes previously covered the year-to-date deficit.

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