BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest daily outflow since June on Monday as US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off November with further withdrawals.
The funds recorded $398.6 million in net outflows, led by $405.3 million from IBIT, according to Farside Investors data.
IBIT’s outflow was its largest since June 26, when investors pulled $444.5 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $6.7 million on Monday, partially offsetting the outflows.
The withdrawals followed $515 million in net outflows from US spot Bitcoin ETFs in October. The funds have recorded around $38 million in net outflows so far in 2026.
“I wouldn’t interpret these outflows as a rejection of digital assets,” Edwin Mata, CEO of tokenization company Brickken, said in commentary published Monday. “Investors reduce exposure when uncertainty rises, particularly after an event that raises…
