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COINTELEGRAPH · 2026-11-12 08:08 UTC

BlackRock Bitcoin ETF outflows hit $2B over nine sessions

BlackRock's iShares Bitcoin Trust (IBIT) recorded more than $2 billion in net outflows over nine consecutive trading sessions through Wednesday. IBIT saw $269.7 million in net withdrawals on Wednesday, about 90% of the day's $300 million in net outflows across US spot Bitcoin ETFs. Bitcoin traded near $73,000, down 8.5% over the past week, with Bitfinex saying slowing ETF outflows could be an early step toward a floor.

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