# BlackRock’s Bitcoin ETF Records a $405 Million Daily Outflow

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/51989
Published: 2026-11-09T01:31:13.000Z
Updated: 2026-11-09T01:31:13.000Z
Section: Investing

> Client-driven selling was estimated at $403 million to $405 million on Nov. 2, extending IBIT’s five-session outflow streak above $1 billion.

Investors withdrew $405.3 million from BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin (BTC) exchange-traded fund (ETF), on Nov. 2, its largest daily outflow since June 26 and an extension of a five-session redemption streak.

IBIT’s daily net outflow was $405.3 million. Estimates of client-driven selling ranged from $403 million to $405 million. U.S. spot Bitcoin ETFs together posted about $398.6 million in net outflows that day.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) was the only U.S. spot Bitcoin ETF to attract money, taking in $6.7 million and partly offsetting IBIT’s withdrawals. IBIT’s total outflows across the five sessions exceeded $1 billion.

Redemptions require the fund to release Bitcoin to settle positions. Most of the released Bitcoin went through Coinbase Prime and was sold. IBIT remains the largest U.S. spot Bitcoin ETF by assets under management and historical net inflows, even as the five-session streak unfolded alongside a technology-stock selloff led by the Nasdaq.