IBIT Sees Record Outflow, Bitcoin Drops
Update: 2025-11-19
Description
BlackRocks iShares Bitcoin Trust, IBIT, experiences record outflow of over $1.4 billion, marking a five-day streak of investors leaving the fund. Bitcoin hits seven-month low, trading around $89,200, down 4% year-to-date. Prediction markets now show a 28% chance of Bitcoin reaching $115,000, with a higher likelihood of falling to $85,000. Other Bitcoin ETFs also see losses, while newer Solana funds gain investments.
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