BlackRock’s IBIT accounts for all $65.4 million in Bitcoin ETF outflows on October 12

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows on October 12, 2026, according to data from SoSoValue. That figure matched the total net outflow for the entire US spot Bitcoin ETF market that day. Every other spot Bitcoin ETF posted no inflows or outflows. IBIT was the only fund that moved. A one-fund outflow day The redemption came just days after a much rougher session. On October 7, US spot Bitcoin ETFs posted a peak single-day outflow of $484.9 million for the month. IBIT contributed $207.7 million to that October 7 total, a bit under half of the day’s withdrawals. By comparison, the October 12 outflow was roughly a third the size of IBIT’s October 7 redemption. IBIT’s historical cumulative net inflows stand at approximately $65.67 billion. Measured against that pile, the latest $65.4 million exit works out to about a tenth of a percent. Where the broader ETF market stands US spot Bitcoin ETFs collectively manage around $106 billion in assets. That equals roughly 6.35% of Bitcoin’s total market capitalization. Bitcoin itself has been trading in the low-to-mid $80,000s during this stretch. The pressure has come largely from outside crypto, with ri...