IBIT records $527.84 million in net outflows on May 27, marking its second-worst day amid Bitcoin’s 40% drop from record highs.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) logged a $527.84 million net outflow on May 27, its second-largest daily withdrawal since launch. The fund, which tracks Bitcoin (BTC) prices, closed at $42.45, down 40% from its October 2025 peak of $71.82.
IBIT’s worst outflow occurred on January 30, with $528.30 million in net withdrawals. Despite recent losses, the fund maintains a cumulative net inflow of $64 billion and holds $59.48 billion in assets. The broader U.S. spot Bitcoin ETF market has seen $56 billion in net inflows across 13 funds.
Bitcoin’s price fell to $73,388.24, also 40% below its October 2025 high of $126,080, mirroring IBIT’s decline.