BlackRock's IBIT Logs $213.2 Million Seventh Straight Outflow

By Marcus Bennett

BlackRock’s iShares Bitcoin Trust (IBIT) lost $213.2 million on Monday, its seventh consecutive trading day of net withdrawals, according to the reported U.S. spot Bitcoin ETF flow data.

IBIT has shed $1.66 billion since Oct. 30. Across all U.S. spot Bitcoin funds, Monday’s net outflow reached $201 million, leaving the group with about $1.1 billion in net withdrawals for 2026.

Morgan Stanley’s Bitcoin Trust attracted $22.1 million. That inflow offset part of the withdrawals from IBIT and other funds, but it did not erase the category’s net loss.

What does the seven-session outflow streak show?

It shows persistence at the product level. BlackRock’s fund recorded net outflows on seven consecutive trading sessions, with Monday’s decline reaching $213.2 million. Since Oct. 30, the cumulative withdrawal total stands at $1.66 billion.

The figures do not reveal why investors redeemed shares. The report’s methodology is explicit: “Net flows measure money entering and leaving funds; they do not establish why investors redeemed shares.”

That caveat narrows what can responsibly be said about Monday. A flow total establishes the amount entering and leaving a fund. It does not identify any investor’s motivation or connect the redemptions to a particular event, forecast or market view.

This is not a technical footnote. Seven straight outflow sessions can support a description of sustained selling pressure in IBIT, but not a claim that one specific factor caused the pattern. The evidence supports the direction, scale and duration of the flows. Nothing more specific appears in the data.

How large is the shift from 2025?

By early November 2025, U.S. spot Bitcoin funds had attracted roughly $25 billion in net inflows. The group’s 2026 position now points the other way. About $1.1 billion in net withdrawals have accumulated so far this year.

The two figures cover different periods and should not be treated as a simple round trip. The $25 billion represents accumulated net inflows through early November 2025. The $1.1 billion tracks net withdrawals during 2026. Together, they show a material shift in the direction of fund flows.

Monday did not arrive in isolation. The group recorded about $412 million in withdrawals on Friday, Nov. 6. Monday’s $201 million net outflow followed that session, extending a sequence of reported redemptions around the start of November.

The product split also matters. Morgan Stanley’s $22.1 million inflow provided some offset, while IBIT’s $213.2 million outflow dominated the day. A single line for all U.S. spot Bitcoin funds therefore conceals meaningful differences between issuers and trusts.

What does this change for fund investors?

For fund investors, Monday’s lesson is to read product flows and group flows together. The broad category remained negative, but not every fund recorded an outflow. Morgan Stanley’s Bitcoin Trust attracted new money even as BlackRock’s IBIT posted its seventh consecutive decline.

For issuers and market observers, the same split changes how the aggregate figure should be interpreted. IBIT’s withdrawal exceeded the group’s net loss because positive flows elsewhere partly absorbed the product-level redemptions. The headline number is less negative than the largest single outflow.

That does not make the outflow streak less significant. Monday’s $213.2 million decline remains the central fact in the data, supported by $1.66 billion in cumulative withdrawals since Oct. 30. Morgan Stanley’s inflow softened the group result without changing the direction of BlackRock’s fund.

The figures also leave one important question unanswered: whether the redemptions will persist. Net flow data cannot settle that point. They show where money went, not why it moved.

The October Consumer Price Index report is scheduled for Tuesday. Monday’s flow figures do not tie redemptions to that release, and the next daily flow print will show whether IBIT’s seven-session outflow streak extends.