Bitcoin ETF outflows intensified in the first trading session of 2025, as BlackRock iShares Bitcoin Trust (IBIT) recorded its biggest one-day withdrawal ever at $332.6 million, according to data from UK asset manager Farside Investors.
The outflows surpassed IBIT’s previous record of $188.7 million set on Dec. 24, marking the fund’s third straight day of withdrawals — its longest streak since launch, the data showed.
Bitcoin was trading around $97,433 on Friday, having retreated nearly 10% from its all-time high of $108,268 in mid-December.
The broader bitcoin ETF market saw a combined five-day outflow of $464.8 million, with IBIT accounting for more than half of the $256.7 million withdrawal, according to Farside data.
Some competitors bucked the trend, with Bitcoin ETF (BITB) attracting $48.3 million in new investment on Thursday, while the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) attracted $36.2 million and $16.5 million respectively, the data revealed.
Over the last five trading days, however, these funds showed mixed performances, with BITB recording net outflows of $18.7 million, FBTC recording withdrawals of $35.4 million, while ARKB managed to attract $53.2 million of new investments, according to Farside.
Grayscale products have shown mixed results, with their Grayscale Bitcoin Mini Trust (BTC) getting $6.9 million while higher Grayscale Bitcoin Trust ETF (GBTC) lost $23.1 million on Thursday, Farside reported.
Five-day figures for Grayscale’s products revealed deeper declines, with GBTC recording an outflow of $187.7 million and BTC losing $13.5 million during the period, the data showed.
Meanwhile, VanEck Bitcoin ETF (HODL) recorded modest inflows of $8.2 million in five days, while Franklin Bitcoin ETF (EZBC) and Valkyrie Bitcoin Fund (BRRR) maintain stable asset levels.
Despite the recent outflows, IBIT remains the dominant player with $36.9 billion in inflows since the fund’s launch last year, while the overall bitcoin ETF market has attracted $35 billion in net investment since inception, according to Farside data.
