BlackRock’s Bitcoin ETF Suffers Largest Single-Day Outflow

BlackRock’s IBIT Kicks Off 2025 With Record $332M Outflow

BlackRock’s Bitcoin ETF, IBIT, began the year on a challenging note, witnessing its largest single-day outflow since its inception nearly a year ago.

Data from SoSoValue reveals that the Nasdaq-listed IBIT, which holds over $53 billion in assets under management, saw $332 million exit the fund on Thursday. This outflow surpasses the previous record of $188 million set in late December.

Significant outflows can sometimes indicate reduced investor confidence in the ETF or broader market sentiment. However, they may also stem from routine portfolio rebalancing or profit-taking, rather than a fundamental shift in outlook toward Bitcoin exposure.

Meanwhile, other Bitcoin ETFs painted a contrasting picture. Bitwise’s BITB attracted $48 million in inflows, while Fidelity’s FBTC brought in $36 million. Grayscale’s GBTC was the only other ETF to see outflows, losing $23 million.

Bitcoin itself is holding steady, trading just below $97,000 at the time of writing, reflecting a 1.5% gain over the past 24 hours.