Update
BlackRock's iShares Bitcoin Trust (IBIT) Experiences $65.4M Outflow
BlackRock's iShares Bitcoin Trust (IBIT) experienced a significant $65.4 million net outflow on October 12, 2026, according to data from SoSoValue. This outflow marked the total net outflow for all US spot Bitcoin ETFs on that day. IBIT was the only fund to move, with the outflow coming just days after a much larger $484.9 million outflow on October 7. The October 12 outflow was approximately a third the size of the October 7 redemption. IBIT's historical cumulative net inflows stand at approximately $65.67 billion, representing about a tenth of a percent of the total market capitalization of Bitcoin. The outflow reflects decisions made by IBIT holders rather than a broad rush for the exits, as no other spot Bitcoin ETFs experienced significant inflows or outflows on October 12. The outflow comes in the context of rising Treasury yields and shifting risk sentiment affecting traditional investors' exposure to Bitcoin through ETFs.