Wall Street giant’s ETF suffers second-worst outflow ever

Anand Sinha

Thu, May 28, 2026 astatine 11:15 AM CDT 1 min read

BlackRock, Inc. (NYSE: BLK) launched its spot U.S. exchange-traded money (ETF) tied to Bitcoin (BTC) connected Jan. 11, 2024.

It was a historical infinitesimal for the crypto manufacture arsenic the motorboat demonstrated the increasing religion of Wall Street successful integer assets.

Several ample players similar Morgan Stanley (NYSE: MS) and Franklin Templeton (NYSE: BEN) person besides launched Bitcoin ETFs by now.

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BlackRock's IBIT logs second-largest regular outflow

It has been much than 2 years since past and the iconic money has gone done its ups and downs.

BlackRock's iShares Bitcoin Trust ETF (Nasdaq: IBIT) tracks the terms of Bitcoin and gives investors indirect Bitcoin exposure.

The mode Bitcoin deed the grounds precocious terms of $126,080 connected Oct. 6, 2025, IBIT's terms besides deed the grounds precocious of $71.82 the aforesaid day.

The money likewise mirrored Bitcoin's downfall implicit the adjacent months.

Bitcoin is presently trading 40% little than its grounds precocious at $73,388.24. IBIT is besides trading 40% little than its grounds precocious and closed astatine $42.45 connected May 27.

It besides marked the second-worst time for the BlackRock money arsenic it logged $527.84 cardinal successful nett regular outflow arsenic per SoSoValue.

The money saw a nett regular outflow of $528.30 cardinal connected Jan. 30, its worst time ever.

As of May 27, IBIT has a cumulative nett inflow of $64 cardinal and holds nett assets worthy $59.48 billion.

Collectively, determination are 13 spot Bitcoin ETFs listed successful the U.S. marketplace which person a cumulative nett inflow of $56 billion, and clasp full nett assets worth $96.45 cardinal arsenic of May 27.

Related: Goldman Sachs files for archetypal Bitcoin ETF

This communicative was primitively published by TheStreet connected May 28, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.