BlackRock Bitcoin ETF records $114 million in net outflows amid market volatility
Key Takeaways
- Around $114 million was withdrawn from BlackRock's Bitcoin ETF on Friday.
- The outflows reflect ongoing volatility and decreasing institutional appetite for Bitcoin exposure.
BlackRock’s iShares Bitcoin Trust (IBIT) saw approximately $114 million in net inflows on November 28 amid ongoing crypto market volatility. The substantial outflow comes as many investors continue reducing their digital asset exposure.
The selloff reflects investor sentiment across US spot Bitcoin ETFs, which have experienced notable outflows in recent weeks. BlackRock has observed clients pulling back from Bitcoin positions during the current crypto market downturn.
In recent weeks, major funds have reported significant Bitcoin sell-offs as the crypto market faces heightened volatility. The trend aligns with institutional investors’ broader strategy of reducing exposure to digital assets during periods of market uncertainty.
Despite outflows from IBIT, US-listed spot Bitcoin ETFs still finished Friday in the green, buoyed by fresh inflows into funds run by Fidelity, ARK Invest, and Grayscale. The group collectively pulled in around $71 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UAE's regulatory initiatives set the stage for a surge in institutional DeFi adoption
- DWF Labs commits $75M to DeFi projects enhancing institutional-grade infrastructure across Ethereum , BNB Chain, and Solana . - UAE's new Central Bank Law mandates licensing for DeFi protocols, balancing innovation with regulatory oversight and consumer protection. - Doma Protocol and ORA introduce liquid domain trading and cash-flow-driven models, expanding DeFi's functional scope beyond speculative tokenomics. - Institutional adoption faces hurdles including regulatory uncertainty, smart contract risks
Bitcoin Updates: Spot Bitcoin ETFs Fuel Surge as Major Holders Resume Accumulation
- Bitcoin's rebound above $90,000 triggered a $3.2B ETF profit turnaround, driven by BlackRock's IBIT and $21M inflows. - Whale accumulation (0.8 score) and retail buying since July signal $80,000 as a potential crypto bottom, supported by ETF cost bases. - Bullish technicals include record whale vs. retail deltas and neutralizing CVD, mirroring 2024's $75K bottom patterns. - Market fragility persists with Ethereum's Death Cross, XRP's $2.30 resistance, and Solana's $36M Upbit hack aftermath. - Traders foc
Webster, NY's Industrial Revival: The Impact of $9.8 Million in Infrastructure Investment on Upstate Real Estate Markets
- Webster , NY, is transforming a 300-acre Xerox brownfield into a high-tech industrial hub via a $9.8M FAST NY grant and state-backed programs. - Infrastructure upgrades, including road and grid modernization, have slashed vacancy rates to 2%, attracting $650M investments and 250+ jobs. - The redevelopment boosts residential property values by 10.1% annually and supports Governor Hochul’s plan to decentralize manufacturing. - Investors benefit from low vacancy rates and state initiatives, with industrial
Zcash Latest Updates: Crypto in 2025—The Paradox of Progress Amid Rising Regulatory and Security Hurdles
- Grayscale's Zcash ETF filing highlights growing institutional interest in privacy coins, with ZEC surging over 1,000% year-to-date. - BNB's price decline below $900 contrasts with Zcash's rise, exposing divergent crypto market dynamics between privacy and utility tokens. - Securitize's EU-approved tokenized securities platform on Avalanche aims to digitize $18 trillion in assets by 2033, pending regulatory alignment. - ALT5's volatile treasury model and Upbit's $36M hack underscore 2025's dual-edged inno
