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BlackRock’s IBIT Sees $188 Million Outflow as Bitcoin ETFs Surpass Gold in AUM

  • BlackRock’s iShares Bitcoin Trust ETF (IBIT) experienced a single-day outflow of $188.7 million, surpassing the previous record of $72.7 million.
  • US-based spot Bitcoin ETFs collectively recorded outflows of $338.4 million, with Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF experiencing significant outflows.
  • Ether ETFs witnessed inflows for two consecutive days, with $53.6 million in inflows on December 24.
  • BlackRock recommends investors consider allocating up to 2% of their portfolios to Bitcoin.

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