BlackRock IBIT Records Seven Consecutive Trading Days of Net Outflows Totaling $1.66 Billion

TechFlow reported on Nov. 10, citing Cointelegraph, that BlackRock's spot Bitcoin ETF IBIT has recorded net outflows for seven consecutive trading days since Oct. 30, totaling $1.66 billion.

Specifically, IBIT recorded net outflows of approximately $213 million on Nov. 9; U.S. spot Bitcoin ETFs saw total net outflows of about $201 million that day, with approximately $22 million in net inflows into Morgan Stanley's MSBT offsetting part of the outflows.

Source: TechFlow