BlackRock Bitcoin ETF Logs $105M Outflow in Fifth Straight Day of Selling

BlackRock’s Bitcoin ETF posted a $104.97 million outflow on November 5 as the price of BTC dropped 5.22% within 24 hours, marking a fifth straight day of BlackRock Bitcoin sales noted by U.Today.

During that 24-hour window, BTC retreated from above $80,000 down to $75,114 prior to changing hands at $75,979 when U.Today released its coverage.

$104.97 Million: Latest BlackRock Bitcoin ETF Outflow

Data from SosoValue cited by U.Today revealed that BlackRock’s IBIT spot Bitcoin exchange-traded fund experienced this $104.97 million net outflow on November 5. According to the report, BlackRock had not logged any fresh Bitcoin acquisitions during November up to that point.

This latest redemption from IBIT came on the heels of a sharp slide in the Bitcoin market. It also extended a string of negative sessions for the investment vehicle, putting institutional activity under the spotlight as market participants evaluated the broader downturn.

Five Consecutive Days of Reported Selling

U.Today characterized the transaction as the fifth day in a row that BlackRock experienced Bitcoin selling, a trend that carried over from late October. The publication additionally noted that IBIT had registered its fourth negative trading session for the week.

These metrics represent different viewpoints: the five-day count tracks the ongoing sales streak, whereas the four-session count highlights the specific number of negative outflow days IBIT logged during that particular week.

Bitcoin Reversed From Above $80,000 to $75,114

The wider market environment was defined by Bitcoin’s downward correction. After hitting a high above $80,000, the digital asset plummeted to $75,114 in a single day, dampening hopes for a swift early-November recovery.

Figures retrieved from CoinGecko on November 6 put BTC at $76,066, reflecting a 5.24756% decrease over a 24-hour timeframe. Trading volume across that period sat at roughly $45.3 billion according to the market data.

$75,733: BTC Trades Near Its 50-Week Average

As reported by Cointelegraph on November 6, Bitcoin hovered near its 50-week simple moving average of $75,733. This threshold served as an important marker as BTC managed to stay above the $75,000 mark following the previous day’s widespread sell-off in risk assets.

On Thursday, Bitcoin plunged by as much as 6.6% while U.S. equities also suffered losses. The Nasdaq Composite dropped 5.5% and the S&P 500 finished down 4.4%. Meanwhile, in Asian markets, South Korea’s KOSPI index tumbled over 8% right after the opening bell, forcing a 20-minute trading suspension before ending the session 6% lower at 5,059.69 points.

Consequently, the reported outflow from IBIT coincided with a broader contraction across risk-on asset classes.

What to Watch After the IBIT Outflow

Upcoming ETF flow reports will determine whether this five-day selling sequence persists or comes to an end. Bitcoin’s capacity to maintain values above the $75,000 threshold and its 50-week moving average will likewise serve as crucial indicators following the pullback from north of $80,000.

For market watchers monitoring institutional demand, essential metrics include the magnitude and direction of upcoming IBIT flows, alongside how Bitcoin reacts to ongoing instability within tech stocks and global financial markets.

?FAQ

01When did BlackRock’s latest Bitcoin ETF outflow occur?

The most recent reported IBIT outflow took place on November 5, 2026, coinciding with a sudden one-day plunge in Bitcoin’s price.

02How much Bitcoin did BlackRock’s ETF sell in the latest session?

The net outflow from BlackRock’s IBIT was measured at $104.97 million, drawing from SosoValue statistics featured in U.Today’s reporting.

03How long has BlackRock’s Bitcoin selling streak lasted?

U.Today defined the movement as five straight days of liquidation. The report also indicated that this session marked IBIT’s fourth negative flow day of the week.

04What was Bitcoin’s lowest price during the sell-off?

Within a single 24-hour window, Bitcoin retreated from a peak above $80,000 to a low of $75,114. CoinGecko later tracked BTC at $76,066 on November 6.

05How did the rest of the market move alongside Bitcoin?

The S&P 500 lost 4.4% and the Nasdaq Composite fell 5.5%, while South Korea’s KOSPI finished down 6% at 5,059.69 points. Bitcoin itself slid by up to 6.6% on Thursday.

This article is for information only and is not financial advice.