Bitcoin Giant Bleeds: IShares Trust Sees Fresh Outflow as Prices Languish
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IShares Bitcoin Trust Registered’s IBIT logged a sharp outflow of $112.25 million on April 29, 2026, trimming the edges of what remains a vast $61.76 billion asset base. The latest redemption represents roughly 0.18% of assets under management, a modest slice in percentage terms but a notable reversal after weeks of generally resilient demand.
The related asset, BTC-USD, is currently trading at $76,073.35, down about 9.6% over the past three months as the post-rally consolidation grinds on. Yet the short-term tone is less gloomy, with a 1-day technical signal flashing Buy, hinting that some traders see the latest dip in IBIT flows as a trading opportunity rather than the start of a deeper exodus.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.