ETF has performed well since its inception in 2024, a trend that may continue due to the ongoing supply and demand dynamics in the crypto industry. It has added over $54 billion in assets and is one of the market’s most highly traded Bitcoin ETFs,

Investors just ripped $333 million out of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in a single day. It’s the largest withdrawal the fund has seen since its blockbuster launch earlier this year.

BlackRock's IBIT Bitcoin ETF saw a record $332 million net outflow on Thursday, the largest since its launch a year ago.

Key Takeaways BlackRock's iShares Bitcoin Trust experienced a new record of $332.6 million for single-day outflows on Thursday.That brought IBIT outflows to nearly $393 million for the week.Other bitcoin ETFs saw minor inflows,

BlackRock’s Nasdaq-listed IBIT reported its highest-ever outflows on Thursday, with $332 million leaving the largest public fund tracking bitcoin.

IBIT also secured third place on Bloomberg’s 2024 top 20 ETF leaderboard after it netted $37 billion in year-to-date flows, only behind Vanguard S&P 500 ETF (VOO) and iShares CORE S&P 500 ETF (IVV).

Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.

BlackRock’s Nasdaq-listed IBIT, which holds over $53 billion in net assets, saw over $332 million leave the fund on Thursday, according to data source SoSoValue. These exceed a short-held previous record of $188 million in late December.

BlackRock Bitcoin ETF (IBIT) experienced its highest single-day outflow of $330 million while recording three consecutive days of outflows.

BlackRock’s Bitcoin ETF, IBIT, breaks records, reaching $52.4B in assets and becoming the fastest-growing ETF in history.