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BlackRock's IBIT sheds $300 million as bitcoin demand dwindles

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2026-06-30 07:25:24
BlackRock’s iShares Bitcoin Trust (IBIT) saw $300 million of outflows on Monday as U.S. spot bitcoin ETFs posted a net $231 million withdrawal, according to CoinDesk, citing SoSoValue data. Other funds partly offset IBIT’s outflows, including $50 million of inflows into ARKB and $35 million into GBTC. The report said risk appetite elsewhere is rising, with a tech-led rally spreading into Asia, while bitcoin ETFs have not participated in the rotation.
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