BlackRock’s iShares Bitcoin Trust (IBIT) recorded five consecutive days of net outflows totaling over $1.15 billion.
On May 21, 2026, IBIT recorded a $103.65 million withdrawal. This exit accounted for the entire net decline of the U.S. spot Bitcoin ETF market during that session.
Persistent U.S. inflation and geopolitical tensions triggered the aggressive institutional redemptions. This selling pressure dragged Bitcoin prices below the $77,000 threshold.
IBIT shares fell 2.36% on Friday, May 22. The stock closed the session at $42.96.