So, here’s the thing: BlackRock’s iShares Bitcoin Trust (IBIT) has been hemorrhaging funds like a malfunctioning space station airlock since October 29, 2025. According to Farside Investor data, the asset manager’s weekly outflow has hit a staggering $570 million. Yes, you read that right-$570 million. That’s enough to make even Zaphod Beeblebrox raise an eyebrow (or two, if he’s feeling particularly extravagant). 🤑
The Biggest Bitcoin ETF Withdrawal Since Socks Were Invented
Ki Young Ju, the founder and CEO of CryptoQuant, pointed out that BlackRock’s outflow last week was the highest in nine months. That’s right, folks-the largest weekly withdrawal since February 2025. Investors are fleeing faster than a Vogon reading poetry. 📉
Despite BlackRock’s stellar performance in the Bitcoin ETF market, this mass exodus has sparked more debates than a Hitchhiker’s Guide to the Galaxy editorial meeting. Some say investors are cashing in their chips, while others reckon they’re just shuffling their capital to shinier toys. One user even suggested it’s a whale-sized money transfer. Because, you know, whales. 🐳
BlackRock Bitcoin ETF weekly outflows hit $570M last week, 9-month high.
– Ki Young Ju (@ki_young_ju) November 10, 2025
BlackRock’s selling spree has turned the Bitcoin ETF market redder than a Heart of Gold’s emergency alert system. Since October 29, it’s been a sea of losses, except for a brief green blip on November 6. The last three days of October saw outflows of $470.7 million, $488.4 million, and $191.6 million-because why stop at one bad day when you can have three? 😅
November hasn’t been much kinder, with outflows staying under $200 million until November 4, when it spiked to $566.4 million. But hey, at least it turned green 48 hours later with a $239.9 million inflow. Small victories, right? 🌱
The takeaway? BlackRock’s outflow is hitting the market harder than a surprise encounter with the Ravenous Bugblatter Beast of Traal. Investors are now biting their nails (or whatever they bite in the future) over Bitcoin’s Q4 price outlook. 🤔
Bitcoin Stands Tall While BlackRock Trips Over Its Own Feet
At the time of writing, Bitcoin was trading at $106,175.70, up 3.73% in the last 24 hours. It bounced from a low of $102,767.10 to a high of $106,564.70 before a slight correction. Looks like Bitcoin’s got the momentum of a starship with infinite improbability drive. 🚀
Trading volume is also up a whopping 46.81% to $71.7 billion, suggesting market participants are gearing up for a rally. Why? Well, it seems U.S. lawmakers have finally made some progress on the government shutdown. Who knew politics could move markets? 🏛️
Meanwhile, Bitcoin cheerleader Michael Saylor hinted that MicroStrategy might beef up its portfolio from the current 641,205 BTC. If that happens, it could flip BlackRock’s outflow narrative faster than a Hoopy Frood can say “42.” 🌕
Read More
- USD RUB PREDICTION
- Gold Rate Forecast
- MNT PREDICTION. MNT cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
- How to Get Sentinel Firing Core in Arc Raiders
- BNB PREDICTION. BNB cryptocurrency
- EUR INR PREDICTION
- Silver Rate Forecast
- All Exploration Challenges & Rewards in Battlefield 6 Redsec
- USD1 PREDICTION. USD1 cryptocurrency
2025-11-10 18:29