BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest weekly outflow of 2026, losing $1.01 billion from May 18 to May 22. This led a broader six-day redemption streak of $1.55 billion across U.S. spot Bitcoin ETFs. Total year-to-date inflows for the segment have dropped to $536 million.
Analysts attribute the selling to tactical de-risking by institutional allocators amid high Treasury yields and hawkish Fed signals. IBIT remains the dominant market player with over $61 billion in assets under management.
IBIT shares fell 2.36% to close at $42.96 on Friday. The price declined further to $42.75 during after-hours trading.