BlackRock clients redeemed $177.95M in Bitcoin from the iShares Bitcoin Trust (IBIT), continuing a pattern of institutional ETF outflows in 2025.

BlackRock's IBIT saw $192.3M in outflows on May 26, extending a streak to eight days. Total US spot Bitcoin ETF redemptions top $2B since mid-May.

Spot Bitcoin ETFs saw $334M in net outflows Tuesday, with BlackRock's IBIT losing $192M. The seven-day streak coincides with a $1.3B whale trade.