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Crypto US Stocks

BlackRock’s IBIT sees $1.66B outflows over seven sessions

US spot Bitcoin ETFs recorded $201 million in net outflows on Monday, extending a seven-session streak of withdrawals from BlackRock’s IBIT that now totals $1.66 billion. The sustained redemptions mark one of the longest outflow runs for the largest spot Bitcoin fund since its launch.

Original source

AI take

The persistence of the streak matters more than the daily figure: IBIT is the largest spot Bitcoin fund, so a multi-session run of redemptions at this scale signals a shift in how holders of the flagship vehicle are positioning, not just routine rebalancing. The read-across is to the broader US spot Bitcoin ETF complex, where flows tend to follow the leader. The open question is whether this run reflects a temporary de-risking or a more durable change in demand, and whether outflows broaden across other funds in the coming sessions.

Generated by AI for reference only.

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