Bitcoin investors withdrew $333 million from BlackRock's IBIT ETF in a record outflow
BlackRock's IBIT also experienced three consecutive trading days of record withdrawals.
BlackRock's iShares Bitcoin Trust (IBIT) recorded the largest daily outflow since its launch a year ago, as trading activity in the U.S. resumed after the New Year's Day closure.
BlackRock's spot Bitcoin exchange-traded fund
saw a record outflow of $332.6 million on January 2, according to data from Farside Investors.
This is the largest outflow since the product launched in January 2024, surpassing the previous record of $188.7 million on December 24.
This move also marks the third consecutive trading day of withdrawals for the investment product $BTC , another record. Over the past week, IBIT has seen an outflow of $392.6 million.