BlackRock's iShares Bitcoin Trust (IBIT) recorded a net outflow of $112.22 million on April 28, 2026. Market reports confirmed the withdrawal on April 29. This event marks a significant shift for the fund following a period of consistent inflows since its launch.
The ETF maintained a high trading volume of $1 billion during the session. This activity suggests that investor interest in the product remains robust despite the capital exit.
Market participants use IBIT as a primary gauge for institutional interest in cryptocurrency. Analysts are monitoring the movement to determine if it signals a short-term reaction or a new trend for spot Bitcoin ETFs.