TLDR
IBITs net outflow on Tuesday was about $523 million, according to Reuters citing Farside Investors data reported here.
- It was IBITs largest single?day outflow since launch, per the same dataset covered here.
- The outflow occurred on Tuesday 18 Nov (UTC), aligning with a broader risk?off tone in crypto that week as described above.
Deep Dive
1. Size Of Outflow
The iShares Bitcoin Trust (IBIT) saw about $523 million in net redemptions on Tuesday, per Farsides daily ETF flow compilation reported by Reuters. That figure is cited consistently across mainstream coverage in the Reuters write?up.
A single day of half?billion?dollar outflows from the largest spot Bitcoin ETF is a clear negative liquidity signal for BTC exposure via US funds.
2. Why It Matters
Reuters noted it was the biggest one?day outflow for IBIT since launch, highlighting the intensity of the weeks selling pressure and sentiment reset as covered here. Large flow swings in IBIT can amplify intraday ETF market?making, affect spot demand from authorized participants, and color headline sentiment around Bitcoin.
If you track flows as a trigger, outsized single?day outflows often coincide with risk?off episodes. A stabilization in daily flows back toward neutral would be a constructive early signal.
Conclusion
IBIT (BlackRocks spot Bitcoin ETF) had about $523 million in net outflows on Tuesday, the largest daily outflow since launch, per Reuters citing Farside Investors. That figure aligns with a broader risk?off period in crypto that week, making flows a useful gauge of near?term sentiment and liquidity as noted above.
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