BlackRock clients sell $177M worth of Bitcoin as IBIT outflows continue
BlackRock's iShares Bitcoin Trust (IBIT) has experienced significant outflows, with clients selling approximately $177 million worth of Bitcoin. This trend is part of a larger pattern, as total outflows from the fund have exceeded $600 million in May alone. Despite these redemptions, IBIT remains the leading provider among US spot Bitcoin ETFs by assets under management.
- ▪BlackRock clients pulled roughly $177.95 million worth of Bitcoin from the iShares Bitcoin Trust (IBIT).
- ▪IBIT has recorded net outflows of $192 million and $285 million on select days in May 2026.
- ▪The fund's total spot Bitcoin ETF outflows have surpassed $600 million during the month.
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BlackRock clients sell $177M worth of Bitcoin as IBIT outflows continue The world's largest spot Bitcoin ETF is seeing sustained redemptions, but the bigger picture tells a more complicated story. Share Add us on Google by Editorial Team May. 28, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); BlackRock’s iShares Bitcoin Trust (IBIT) just saw clients pull roughly $177.95 million worth of Bitcoin, adding to a string of notable…
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