BlackRock’s iShares Bitcoin Trust recorded another significant redemption event, with clients pulling over $300 million from the fund.
The numbers behind the selloff
US spot Bitcoin ETFs collectively bled roughly $4.3 billion across 13 consecutive days of outflows running from May 15 through June 3, 2026.
IBIT bore the brunt of recent pressure. During the week of June 22 through June 26, BlackRock’s fund accounted for approximately $1.30 billion of the $1.79 billion in total weekly outflows. In plain terms, IBIT represented about 73% of all redemptions across the entire US spot Bitcoin ETF market that week.
Individual daily figures were striking on their own. On June 26, IBIT logged a single-day outflow of $444.5 million. Earlier in the month, on June 5, the fund saw an additional $213.63 million exit.
