BlackRock’s IBIT Faces Record Outflow Run as Bitcoin Struggles to Reclaim Bull Trend

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BlackRock’s IBIT Faces Record Outflow Run as Bitcoin Struggles to Reclaim Bull Trend Another $113 million exited on Thursday, putting the fund on track for a sixth week in the red, its longest streak since debuting in early 2024. By Shaurya Malwa Updated Dec 5, 2025, 10:57 a.m. Published Dec 5, 2025, 10:53 a.m. BlackRock’s flagship Bitcoin ETF is seeing its heaviest redemption cycle since launch, with more than $2.7 billion pulled over the past five weeks as institutional flows continue to unwind into year-end. The iShares Bitcoin Trust (IBIT), which ballooned into a $71 billion vehicle during Bitcoin’s run to record highs, has now logged five straight weeks of outflows through Nov. 28, Bloomberg data shows. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Another $113 million exited on Thursday, putting the fund on track for a sixth week in the red, its longest streak since debuting in early 2024. (SoSoValue) The withdrawals mirror the broader shift in crypto positioning since October’s liquidation shock, when leveraged wipeouts erased over a trillion dollars in digital-asset market value and pushed Bitcoin into a confirmed bear phase. IBIT was the largest single conduit for institutional inflows earlier this year, but that bid has reversed as fund managers cut exposure ahead of bonus season and macro uncertainty picks up. Bitcoin has recovered to the low $92,000s this week, yet flows remain negative. Analysts say that matters more for directionality than short-term price action. Glassnode noted that the outflow cycle marks a clear break from the steady accumulation regime that underpinned BTC’s climb into October, describing the current trend as a cooling in fresh capital allocation rather than a structural exit. Bitcoin remains down about 27% from its all-time high set in early October, and IBIT’s flow data is increasingly viewed as a proxy for broader U.S. demand. More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Solana, XRP, ETH Extend Losses as Bitcoin’s $91K Support Back in Focus By Shaurya Malwa 5 hours ago The one-month chart shows BTC still locked inside a descending structure from early November’s highs, with the latest rebound producing another lower high. What to know : Bitcoin remains in a volatile trading range, unable to break above $93,000, with sellers and buyers maintaining a stalemate. Ether outperformed major assets with over 5% gains, while ETF flows indicate a shift of capital from Bitcoin to Ethereum. U.S. macroeconomic data and institutional developments, such as Vanguard's crypto ETF access, are influencing market sentiment and volatility. Read full story Latest Crypto News Polymarket Hiring In-House Team to Trade Against Customers — Here's Why It's a Risk 46 minutes ago Kraken Launches High-Touch VIP Program for Ultra High Net Worth Clients 3 hours ago Solana, XRP, ETH Extend Losses as Bitcoin’s $91K Support Back in Focus 5 hours ago DOGE ETF Buzz Meets Bearish Reality as Dogecoin Prints Fresh Lower Lows 6 hours ago XRP at Risk of $2.05 Retest, Analysts Warn, as Bitcoin Gives Back Weekly Gains 6 hours ago Here's How Much Bitcoin, XRP, Ether, Solana May Move on Friday's Inflation Report 7 hours ago Top Stories Kraken Launches High-Touch VIP Program for Ultra High Net Worth Clients 3 hours ago Here's How Much Bitcoin, XRP, Ether, Solana May Move on Friday's Inflation Report 7 hours ago Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems 16 hours ago Polymarket Hiring In-House Team to Trade Against Customers — Here's Why It's a Risk 46 minutes ago Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink 17 hours ago Ex-Signature Bank Execs Launch Blockchain-Powered Narrow Bank Backed by Paradigm, Winklevoss 17 hours ago