Bitcoin investors pull $333M from BlackRock IBIT ETF in record outflow :
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its biggest daily outflow since it launched a year ago, as US trading resumed following the New Year’s Day closure.
BlackRock’s spot Bitcoin (BTC $96,313) exchange-traded fund saw a record outflow of $332.6 million on Jan. 2, according to data from Farside Investors.
It was the biggest outflow since the product launched in January 2024, eclipsing a previous record of $188.7 million on Dec. 24.
The move also marked a third consecutive trading day of outflows for the BTC investment product, another record. Over the past week, IBIT has seen $392.6 million in outflows.