BlackRock Spot Bitcoin ETF Logs Biggest Outflow Since May as BTC Dips

Published: 2025-08-05 06:19:33 |

BlackRock’s iShares Spot Bitcoin ETF (IBIT) recorded outflows of $292.5 million on Monday—the largest since May—after Bitcoin slid 8.5% over the weekend to around $112,300, though this pullback was milder than Friday’s $812 million exodus. Other US spot Bitcoin ETFs saw mixed flows: Fidelity’s FBTC lost $40 million, Grayscale’s GBTC shed $10 million, while Bitwise’s BITB gained $18.7 million. Despite recent outflows, July saw record net inflows exceeding $5.2 billion into Bitcoin ETFs, accounting for about 9% of total ETF flows since January. Broadly, digital asset products have attracted roughly $60 billion year-to-date, and ETF-driven volatility has eased—with IBIT’s 90-day rolling volatility falling below 40—underscoring growing institutional demand and market stability.

Neutral

While large outflows from BlackRock’s IBIT and other spot Bitcoin ETFs reflect short-term selling pressure amid a weekend BTC dip, record July inflows, robust year-to-date institutional investment, and reduced ETF-driven volatility point to sustained demand and improved market stability. These opposing forces suggest a neutral near-term impact on Bitcoin price, offering both risks and supports for traders.