# BlackRock's IBIT: $1.21B outflow

Quick Take · News · Published November 8, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/blackrock-s-ibit-1-21b-outflow/

BlackRock's iShares Bitcoin Trust ETF (IBIT) had net outflows of $1,210 million in the week of November 2-6, accounting for 94% of US spot Bitcoin ETFs' net withdrawals. This exodus may impact Bitcoin's price. The next recovery test will focus on whether IBIT's withdrawals slow down.

BlackRock's iShares Bitcoin Trust ETF (IBIT) accounted for 94% of US spot Bitcoin ETFs' net withdrawals in the week of November 2-6, with net outflows of $1,210 million.

The 12 funds tracked by Farside Investors recorded weekly net outflows of $1,282 million, while Fidelity's Wise Origin Bitcoin Fund (FBTC) had net inflows of $93 million.

IBIT's net assets were about $61 billion as of November 6, with the week's withdrawals roughly 2% of that ending asset base.

The Bureau of Labor Statistics will release the October Consumer Price Index (CPI) on November 10, which may influence policy expectations and impact Bitcoin.

The Federal Reserve explains that policy rates influence borrowing costs and broader financial conditions, which may support Bitcoin if CPI changes policy expectations.

Source: [cryptoslate.com](https://cryptoslate.com/one-blackrock-fund-dominates-bitcoins-billion-dollar-etf-exodus/)

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Educational and informational content only. I am not a licensed financial advisor and nothing here is investment advice. Do your own research before making any decision.