BlackRock's spot bitcoin ETF extends outflow run to seven sessions
BlackRock’s IBIT recorded $213 million in withdrawals on Nov. 9, extending a seven-day outflow streak to roughly $1.66 billion.
BlackRock’s IBIT recorded $213 million in withdrawals on Nov. 9, extending a seven-day outflow streak to roughly $1.66 billion. Bitcoin (BTC) is trading at $73,137.00, down 1.6% since this brief published. This is an original TLT brief based on reporting by Cryptopolitan, with live market data added, as of Tue, 10 Nov 2026 15:45:02 UTC.
The continuing withdrawals show sustained investor demand moving away from BlackRock’s bitcoin ETF, potentially adding pressure to a bitcoin market already lower over seven days.
- IBIT lost $213 million on Nov. 9
- Withdrawals extended for a seventh consecutive day
- Seven-day outflows total roughly $1.66 billion
- Bitcoin stands at $74,303 after a 3.49% weekly decline
BlackRock’s iShares 
Bitcoin Trust (IBIT) experienced $213 million in net outflows on Nov. 9, according to Cryptopolitan. The withdrawal marked the seventh consecutive day of investor selling from the spot bitcoin ETF. Since Oct. 30, those seven sessions have produced combined outflows of approximately $1.66 billion.
The report provides no contrasting figures or additional details from other outlets, so the $213 million daily figure and cumulative seven-day total are based solely on Cryptopolitan’s coverage. The sustained sequence indicates that the outflows were not confined to a single trading session but continued through an extended week.
Bitcoin traded at $74,303 during the supplied market snapshot, down 0.06% over 24 hours and 3.49% over seven days. Its market capitalization stood at $1.49 trillion. The broader crypto market was essentially flat at a combined $2.54 trillion, while the Fear & Greed index registered 32, placing sentiment in the “Fear” category.
The ETF flows provide relevant context for bitcoin’s weekly performance: a week of net redemptions coincided with BTC’s 3.49% seven-day decline, even as the broader crypto market showed little immediate movement. The development puts attention on whether the withdrawal pattern persists and how subsequent flows compare with bitcoin trading near the current $74,303 level.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from $74,303.00 to $73,137.00 — -1.57%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦101.29M (about $73,137.00), down 3.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
BlackRock's spot bitcoin ETF extends outflow run to seve — questions & answers
How much did BlackRock's IBIT lose?
IBIT recorded $213 million in withdrawals on Nov. 9, according to Cryptopolitan.
How long has IBIT's outflow streak lasted?
The withdrawal streak reached seven consecutive trading days on Nov. 9.
How much left IBIT during the streak?
Combined outflows totaled roughly $1.66 billion from Oct. 30 through Nov. 9.
How much is 1 Bitcoin worth in naira today?
About ₦101.29M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $73,137.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.57% since this brief first published — trading at $73,137.00 now versus $74,303.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cryptopolitan. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.